Hiscox Ltd. Has Price Target Lifted By Barclays
Insurer Hiscox Ltd. — which operates a major Bermuda platform — had its price target lifted by Barclays Capital from $7.73 to $8.74 in a research report sent to investors on Thursday [Apr.4], Analyst Ratings Network reports.
The firm currently has an overweight rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs reiterated a sell/neutral rating on shares of Hiscox Ltd in a research note to investors on Tuesday, April 2. They now have a $7.53 price target on the stock.
Separately, analysts at RBC Capital reiterated a sector perform rating on shares of Hiscox Ltd in a research note to investors on Thursday, March 21. They now have a $8.16 price target on the stock. Finally, analysts at Westhouse Securities raised their price target on shares of Hiscox Ltd from $6.80 to $7.92 in a research note to investors on Monday, March 11. They now have a neutral rating on the stock.
Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of $7.89.
Hiscox Ltd. is a specialist insurer that provides insurance and reinsurance services to its clients in Bermuda, the United Sates, the United Kingdom, Guernsey and Europe.
