Breaking: Bernstein Keeps GBX 790 Price Objective On Hiscox Ltd (LON:HSX) Shares, Keeps Their Original “Market Perform” Rating

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Hiscox Ltd (LON:HSX) Rating Reaffirmed

Research analysts at Bernstein now has a GBX 790 TP on Hiscox Ltd (LON:HSX). Bernstein and their recent TP indicates a potential downside of -23.97% from the company’s last stock close. The rating has been revealed to clients and investors in a recent research report on Monday, 21 December.

From a total of 16 analysts covering Hiscox Ltd (LON:HSX) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 1190 while the lowest target price is GBX 645. The mean of all analyst targets is GBX 892.4 with a -13.76% below today’s (GBX 1037) stock price. Hiscox Ltd was the topic of 36 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 10 with “Outperform” rating. Westhouse Securities maintained shares with “Sector Perform” rating and GBX 900 target share price in a report from a November 13. Peel Hunt maintained HSX stock in a recent report from December 7 with “Hold” rating. Numis Securities maintained the rating on November 9. Numis Securities has a “Hold” rating and a GBX 880 price target on shares. Finally, JP Morgan maintained the stock with “Overweight” rating in a report issued on a November 30.

Approximately 36,945 shares of stock traded hands. Hiscox Ltd (LON:HSX) has risen 24.25% since May 22, 2015 and is uptrending. It has outperformed by 30.06% the S&P500.

Breaking: Bernstein Keeps GBX 790 Price Objective On Hiscox Ltd (LON:HSX) Shares, Keeps Their Original

Hiscox Limited is a Bermuda-based specialist insurer company. The company has a market cap of 2.95 billion GBP. The Firm is a holding firm for subsidiaries involved in the business of insurance and reinsurance in Bermuda, the United States, the United Kingdom, Guernsey, Europe and Asia. It has 14 P/E ratio. It operates through four divisions: Hiscox Retail, Hiscox London Market, Hiscox Re and Corporate Centre.

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