Shares of Hiscox Ltd (LON:HSX - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,133.12 ($15.38) and traded as high as GBX 1,306 ($17.72). Hiscox shares last traded at GBX 1,292 ($17.53), with a volume of 661,338 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank began coverage on Hiscox in a report on Thursday, May 29th. They set a "buy" rating and a GBX 1,450 ($19.68) price target on the stock.
Read Our Latest Report on Hiscox
Hiscox Trading Up 0.6%
The stock has a market capitalization of £5.55 billion, a PE ratio of 7.90, a price-to-earnings-growth ratio of -2.30 and a beta of 0.65. The firm's fifty day moving average is GBX 1,194.34 and its 200-day moving average is GBX 1,136.53.
About Hiscox
(
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Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It offers commercial insurance for small-and medium-sized businesses; and personal lines cover, including high-value household, fine art, and luxury motor, as well as artwork, antiques, classic cars, jewelry, collectables, and other assets through brokers, partners, and direct-to-consumers.
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