Berenberg Bank Maintains Their Hold Rating on Hiscox Ltd (HCXLF)

By Carrie Williams

Berenberg Bank analyst Iain Pearce maintained a Hold rating on Hiscox Ltd (HCXLFResearch Report) on September 9 and set a price target of $1487. The company’s shares closed last Monday at $18.69, close to its 52-week low of $18.40.

According to TipRanks.com, Pearce is ranked #3078 out of 5546 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Hiscox Ltd with a $19.88 average price target.

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The company has a one-year high of $22 and a one-year low of $18.40. Currently, Hiscox Ltd has an average volume of 14.44K.

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Hiscox Ltd. engages in the insurance and reinsurance businesses. It operates through the following business segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. The Hiscox Retail segment brings together the results of the UK and Europe, and Hiscox International being the U.S.A, Guernsey and Asia retail business divisions.