Westhouse Securities Reaffirms Hiscox Rating
Stock in Hiscox Ltd. — which maintains a major Bermuda presence — had its “neutral” rating reaffirmed by research analysts at Westhouse Securities in a report released on Thursday [Apr. 11], AnalystRatingsNetwork.com reports. They currently have a $8.13 target price on the stock.
A number of other firms have also recently commented on Hiscox. Analysts at Nomura raised their price target on shares of Hiscox Ltd from $7.69 to $8.01 in a research note to investors on Friday, April 5. They now have a “reduce” rating on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Hiscox Ltd from $7.73 to $8.74 in a research note to investors on Thursday, April 4. They now have an “overweight” rating on the stock. Finally, 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.
Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. Hiscox Ltd presently has a consensus rating of “Hold” and an average price target of $7.90.
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.
