Forex
Hiscox Earns 'Outperform' Rating with £2,000 Price Target
Royal Bank Of Canada has reaffirmed its 'outperform' rating for Hiscox (LON:HSX), issuing a price objective of GBX 2,000. This would represent a potential upside of 10.50% from the company's previous close.
Other research analysts have also weighed in on HSX, with Peel Hunt reaffirming an 'add' rating and setting a target price of GBX 1,960. JPMorgan Chase & Co. boosted its target price from GBX 1,800 to GBX 2,050, giving the stock an 'overweight' rating.
Hiscox has a market capitalization of £5.81 billion and a PE ratio of 10.34. The company employs over 3,000 people worldwide across 13 countries and 31 offices.