Hiscox Ltd (LON:HSX) Insider Anne MacDonald Acquires 689 Shares

Hiscox Ltd (LON:HSXGet Rating) insider Anne MacDonald purchased 689 shares of Hiscox stock in a transaction dated Tuesday, June 13th. The shares were purchased at an average cost of GBX 1,168 ($14.61) per share, for a total transaction of £8,047.52 ($10,069.47).

Hiscox Stock Performance

LON:HSX opened at GBX 1,106 ($13.84) on Wednesday. The company has a fifty day simple moving average of GBX 1,151.48 and a two-hundred day simple moving average of GBX 1,115.17. The company has a market cap of £3.83 billion, a price-to-earnings ratio of 11,060.00, a price-to-earnings-growth ratio of -2.30 and a beta of 0.59. The company has a quick ratio of 0.10, a current ratio of 1.05 and a debt-to-equity ratio of 29.62. Hiscox Ltd has a 52 week low of GBX 789.20 ($9.87) and a 52 week high of GBX 1,201 ($15.03).

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Peel Hunt reaffirmed an “add” rating and set a GBX 1,220 ($15.27) price target on shares of Hiscox in a research report on Wednesday, March 8th. Morgan Stanley reiterated an “overweight” rating and issued a GBX 1,352 ($16.92) target price on shares of Hiscox in a report on Tuesday, March 28th. Berenberg Bank lifted their target price on shares of Hiscox from GBX 1,015 ($12.70) to GBX 1,285 ($16.08) and gave the company a “hold” rating in a report on Wednesday, March 8th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 1,200 ($15.02) target price on shares of Hiscox in a report on Thursday, March 9th. Finally, Barclays dropped their target price on shares of Hiscox from GBX 1,102 ($13.79) to GBX 1,080 ($13.51) and set an “equal weight” rating for the company in a report on Monday, May 22nd. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of GBX 1,194.57 ($14.95).

About Hiscox

(Get Rating)

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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