Hiscox Ltd (LON:HSX - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,142.94 ($15.37) and traded as high as GBX 1,313 ($17.66). Hiscox shares last traded at GBX 1,281.80 ($17.24), with a volume of 2,857,938 shares.
Wall Street Analyst Weigh In
Separately, Berenberg Bank initiated coverage on shares of Hiscox in a report on Thursday, May 29th. They issued a "buy" rating and a GBX 1,450 ($19.50) target price for the company.
Read Our Latest Research Report on HSX
Hiscox Stock Up 1.6%
The stock has a market capitalization of £5.52 billion, a PE ratio of 7.87, a PEG ratio of -2.30 and a beta of 0.65. The stock's 50 day moving average price is GBX 1,209.01 and its 200-day moving average price is GBX 1,142.94.
Hiscox Company Profile
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Hiscox, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hiscox wasn't on the list.
While Hiscox currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.