Free Trial

Hiscox (LON:HSX) Shares Cross Above 200 Day Moving Average - Here's What Happened

Hiscox logo with Financial Services background

Hiscox Ltd (LON:HSX - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,156.12 ($15.71) and traded as high as GBX 1,256 ($17.06). Hiscox shares last traded at GBX 1,225.55 ($16.65), with a volume of 897,148 shares changing hands.

Analysts Set New Price Targets

A number of research analysts recently weighed in on HSX shares. Berenberg Bank assumed coverage on shares of Hiscox in a research report on Thursday, May 29th. They set a "buy" rating and a GBX 1,450 ($19.70) price objective on the stock. Peel Hunt reiterated a "buy" rating and set a GBX 1,460 ($19.83) price target on shares of Hiscox in a research note on Thursday, July 3rd.

Check Out Our Latest Research Report on HSX

Hiscox Trading Up 0.7%

The firm has a market cap of £5.32 billion, a P/E ratio of 7.58, a P/E/G ratio of -2.30 and a beta of 0.65. The business has a 50-day moving average price of GBX 1,241.26 and a 200-day moving average price of GBX 1,156.12.

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.

Further Reading

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.

Should You Invest $1,000 in Hiscox Right Now?

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

2025 Gold Forecast: A Perfect Storm for Demand Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines