Barclays Trims Hiscox (OTCMKTS:HCXLF) Target Price to GBX 1,145

Hiscox (OTCMKTS:HCXLFGet Rating) had its price target trimmed by Barclays from GBX 1,208 ($14.28) to GBX 1,145 ($13.54) in a research note released on Tuesday, The Fly reports.

Other analysts also recently issued reports about the stock. JPMorgan Chase & Co. boosted their target price on shares of Hiscox from GBX 900 ($10.64) to GBX 930 ($11.00) in a research note on Thursday, November 3rd. Royal Bank of Canada boosted their target price on shares of Hiscox from GBX 925 ($10.94) to GBX 975 ($11.53) in a research note on Thursday, November 3rd. Berenberg Bank boosted their target price on shares of Hiscox from GBX 990 ($11.71) to GBX 1,015 ($12.00) in a research note on Friday, November 4th. Morgan Stanley boosted their target price on shares of Hiscox from GBX 1,225 ($14.49) to GBX 1,331 ($15.74) in a research note on Monday, October 10th. Finally, Credit Suisse Group boosted their target price on shares of Hiscox from GBX 1,200 ($14.19) to GBX 1,230 ($14.54) in a research note on Tuesday, November 8th.

Hiscox Price Performance

Shares of OTCMKTS:HCXLF opened at $11.61 on Tuesday. The company’s fifty day moving average is $10.62 and its two-hundred day moving average is $10.95. Hiscox has a 12-month low of $10.52 and a 12-month high of $13.23.

Hiscox Company Profile

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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 provides commercial insurance for small-and medium-sized businesses, personal lines cover, including high-value household, fine art, luxury motor, and classic car through brokers, partners and direct-to-consumer using both traditional and digital trading models.

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