Peel Hunt lowered shares of Hiscox Ltd (LON:HSX) to a reduce rating in a research report report published on Monday morning, Marketbeat.com reports. They currently have GBX 830 ($11.83) price objective on the stock, up from their prior price objective of GBX 785 ($11.18).

A number of other equities research analysts have also issued reports on the company. JPMorgan Chase & Co. raised their price target on Hiscox from GBX 1,100 ($15.67) to GBX 1,150 ($16.38) and gave the stock an overweight rating in a research note on Sunday, January 17th. Sanford C. Bernstein reissued a market perform rating and set a GBX 825 ($11.75) price target on shares of Hiscox in a research note on Friday, January 15th. Barclays raised their price target on Hiscox from GBX 645 ($9.19) to GBX 684 ($9.74) and gave the stock an underweight rating in a research note on Tuesday, January 5th. RBC Capital reissued an outperform rating and set a GBX 1,125 ($16.03) price target on shares of Hiscox in a research note on Thursday, December 10th. Finally, Westhouse Securities raised their price target on Hiscox from GBX 700 ($9.97) to GBX 900 ($12.82) and gave the stock a sector perform rating in a research note on Friday, November 13th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of GBX 870 ($12.39).

In related news, insider Masojada,Bronek E sold 60,000 shares of the business’s stock in a transaction on Friday, December 18th. The stock was sold at an average price of GBX 1,046 ($14.90), for a total transaction of £627,600 ($894,144.47). Also, insider Keogh,Colin D bought 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 2nd. The shares were acquired at an average price of GBX 1,048 ($14.93) per share, for a total transaction of £52,400 ($74,654.51).

Hiscox (LON:HSX) traded down 0.10% during midday trading on Monday, reaching GBX 968.00. The company’s stock had a trading volume of 247,969 shares. The company’s market cap is GBX 2.75 billion. The firm has a 50 day moving average price of GBX 1,015.35 and a 200-day moving average price of GBX 961.70. Hiscox has a 12-month low of GBX 783.00 and a 12-month high of GBX 1,063.00.

Hiscox Limited is a Bermuda-based specialist insurer company. The Company is a holding company for subsidiaries involved in the business of insurance and reinsurance in Bermuda, the United States, the United Kingdom, Guernsey, Europe and Asia. It operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re and Corporate Centre. Hiscox Retail consists of Hiscox United Kingdom and Europe and Hiscox International, which provides personal lines cover and commercial insurance. Hiscox London Market consists of the internationally traded insurance business written by the its London-based underwriters via Syndicate 33, including lines in property, marine and energy, casualty and other specialty insurance lines. Hiscox Re is the reinsurance division of the Company, combining the underwriting platforms in Bermuda, London and Paris. The Corporate Centre consists of the investment return, finance costs and administrative costs associated with its management activities.

Receive News & Ratings for Hiscox Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hiscox Ltd and related companies with MarketBeat.com's FREE daily email newsletter.