Hiscox (LON:HSX)‘s stock had its “reduce” rating reiterated by stock analysts at Peel Hunt in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.
Other equities research analysts have also recently issued reports about the company. Royal Bank of Canada started coverage on Avantor in a research note on Tuesday, June 11th. They set an “outperform” rating and a $22.00 price objective on the stock. HSBC set a €59.00 ($68.60) price objective on Indus and gave the stock a “buy” rating in a research note on Wednesday, May 15th. Barclays boosted their price objective on from GBX 7,500 ($98.00) to GBX 8,100 ($105.84) and gave the stock an “overweight” rating in a research note on Monday, July 8th. JPMorgan Chase & Co. raised M.D.C. from an “underweight” rating to a “neutral” rating in a research note on Monday, July 8th. Finally, Jefferies Financial Group set a €50.00 ($58.14) target price on Lanxess and gave the company a “neutral” rating in a research report on Tuesday, May 14th. Three equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. Hiscox currently has an average rating of “Hold” and an average price target of GBX 1,527.36 ($19.96).
Shares of LON HSX opened at GBX 1,707 ($22.30) on Friday. The stock’s 50 day moving average is GBX 1,695.92. The company has a quick ratio of 0.48, a current ratio of 0.74 and a debt-to-equity ratio of 30.21. Hiscox has a 1-year low of GBX 1,411 ($18.44) and a 1-year high of GBX 1,795 ($23.45). The company has a market capitalization of $4.92 billion and a PE ratio of 38.53.
Hiscox Company Profile
Hiscox Ltd, together with its subsidiaries, provides insurance and reinsurance services. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It provides commercial insurance for small-and medium-sized businesses, including household, fine art and collectibles, and luxury motor via brokers, through a growing network of partnerships, and directly to consumers.
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