Hiscox (OTCMKTS:HCXLF) Rating Increased to Overweight at JPMorgan Chase & Co.

Hiscox (OTCMKTS:HCXLFGet Free Report) was upgraded by research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research report issued on Friday, FlyOnTheWall reports.

A number of other equities research analysts also recently weighed in on HCXLF. Berenberg Bank lowered their target price on Hiscox from GBX 1,245 ($15.42) to GBX 1,230 ($15.24) in a report on Thursday, August 17th. Barclays lifted their target price on Hiscox from GBX 1,070 ($13.25) to GBX 1,130 ($14.00) in a report on Tuesday, September 5th. UBS Group lowered their target price on Hiscox from GBX 1,575 ($19.51) to GBX 1,550 ($19.20) in a report on Wednesday, July 12th. Finally, Morgan Stanley downgraded Hiscox from an “overweight” rating to an “equal weight” rating in a report on Tuesday, September 5th.

View Our Latest Stock Analysis on Hiscox

Hiscox Price Performance

Shares of HCXLF stock opened at $12.35 on Friday. The stock has a 50-day moving average of $13.42 and a 200-day moving average of $13.34. Hiscox has a 1-year low of $11.61 and a 1-year high of $14.00.

Hiscox Company Profile

(Get Free Report)

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

Further Reading

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