London: Hiscox Ltd (LON:HSX) Stock Has Just Had Its “Market Perform” Rating Reiterated by Bernstein. Shares now Have a GBX 790 Target


Hiscox Ltd (LON:HSX) Rating Reaffirmed

Stock analysts at Bernstein now has a GBX 790 TP on Hiscox Ltd (LON:HSX). Bernstein and their recent TP suggests a potential downside of -24.40% from the company’s stock price. The rating has been announced to investors in a note on Monday morning.

From a total of 16 analysts covering Hiscox Ltd (LON:HSX) stock, 5 rate it a ”Buy”, 3 a “Sell”, and 9 a ”Hold”. This means that 29% 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 886.2 with a -14.94% below today’s (GBX 1043) stock price. Hiscox Ltd was the topic of 33 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. J.P. Morgan maintained shares on November 30 with “Overweight” rating. Peel Hunt maintained shares with “Hold” rating and GBX 785 target share price in a report from a November 9. Bernstein maintained HSX stock in a recent report from November 23 with “Market Perform” rating. Numis Securities maintained the rating on November 9. Numis Securities has a “Hold” rating and a GBX 880 price target on shares. Finally, Shore Capital maintained the stock with “Buy” rating in a report issued on a November 9.

Approximately 24,926 shares of stock traded hands. Hiscox Ltd (LON:HSX) has risen 23.99% since May 8, 2015 and is uptrending. It has outperformed by 25.07% the S&P500.

London: Hiscox Ltd (LON:HSX) Stock Has Just Had Its

Hiscox Limited is a Bermuda-based specialist insurer company. The company has a market cap of 2.97 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 14.08 P/E ratio. It operates through four divisions: Hiscox Retail, Hiscox London Market, Hiscox Re and Corporate Centre.