Hiscox Ltd (LON:HSX - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,142.94 ($15.47) and traded as high as GBX 1,313 ($17.78). Hiscox shares last traded at GBX 1,281.80 ($17.35), with a volume of 2,857,938 shares trading hands.
Analysts Set New Price Targets
Separately, Berenberg Bank began coverage on Hiscox in a research note on Thursday, May 29th. They issued a "buy" rating and a GBX 1,450 ($19.63) target price for the company.
Get Our Latest Stock Report on Hiscox
Hiscox Price Performance
The stock has a market cap of £5.48 billion, a P/E ratio of 7.81, a price-to-earnings-growth ratio of -2.30 and a beta of 0.65. The stock's 50 day simple moving average is GBX 1,211.37 and its two-hundred day simple moving average is GBX 1,144.30.
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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