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Hiscox Ltd 10.6% Potential Upside Indicated by Macquarie

Hiscox Ltd with EPIC/TICKER LON:HSX has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Macquarie. Hiscox Ltd are listed in the Financials sector within International Main Market. Macquarie have set their target price at 1200 GBX on its stock. This now indicates the analyst believes there is a possible upside of 10.6% from today’s opening price of 1085 GBX. Over the last 30 and 90 trading days the company share price has increased 11 points and increased 80 points respectively.

 
Hiscox Ltd LON:HSX has a 50 day moving average of 1,062.16 GBX and the 200 Day Moving Average price is recorded at 1,053.49 GBX. The 1 year high for the share price is 1106 GBX while the year low share price is currently 896.5 GBX. There are currently 285,703,882 shares in issue with the average daily volume traded being 414,999. Market capitalisation for LON:HSX is £3,097,030,081 GBP.

 

Hiscox Ltd is a Bermuda-based insurer. The Company is a holding company for subsidiaries involved in the business of insurance and reinsurance in Bermuda, the United States, the United Kingdom, Guernsey, Europe and Asia. It operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re and Corporate Centre.

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