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Hiscox ( (GB:HSX) ) has provided an update.
Hiscox Ltd announced a correction to the payment date for its final dividend, now set for 9 June 2025, while maintaining all other details unchanged. The company is offering a scrip dividend alternative, with the Scrip Reference Share Price calculated at 1,237p based on recent market data, impacting shareholders who opted for this alternative.
The most recent analyst rating on (GB:HSX) stock is a Hold with a £13.30 price target. To see the full list of analyst forecasts on Hiscox stock, see the GB:HSX Stock Forecast page.
Spark’s Take on GB:HSX Stock
According to Spark, TipRanks’ AI Analyst, GB:HSX is a Outperform.
Hiscox demonstrates a solid overall performance with strong technical indicators and an attractive valuation. The company’s strategic initiatives, including share buybacks and positive earnings call highlights, enhance its appeal. However, challenges in cash flow and profit margins warrant attention.
To see Spark’s full report on GB:HSX stock, click here.
More about Hiscox
Hiscox Ltd operates in the insurance industry, providing a range of insurance products and services. The company focuses on offering specialized insurance solutions, catering to both individual and business clients across various markets.
Average Trading Volume: 1,258,485
Technical Sentiment Signal: Buy
Current Market Cap: £4.25B
For detailed information about HSX stock, go to TipRanks’ Stock Analysis page.
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