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Hiscox ( (GB:HSX) ) just unveiled an update.
Hiscox Ltd has announced that Michael Goodwin, an Independent Non-Executive Director, has taken on a new role as a non-executive director at Steadfast Group Limited, which is listed on the Australian Securities Exchange. This move reflects Hiscox’s strategic positioning in the global market and could potentially enhance its influence and connections within the insurance industry.
The most recent analyst rating on (GB:HSX) stock is a Buy with a £1421.00 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’s overall stock score is driven by strong earnings call performance and solid valuation metrics. Financial performance is stable but challenged by cash flow issues. Technical analysis indicates a neutral trend, with no strong momentum signals.
To see Spark’s full report on GB:HSX stock, click here.
More about Hiscox
Hiscox Ltd is a global specialist insurer, providing a range of insurance products and services to businesses and individuals. The company is known for its expertise in niche areas of the insurance market, focusing on high-value and complex risks.
YTD Price Performance: 23.94%
Average Trading Volume: 1,293,611
Technical Sentiment Signal: Strong Buy
Current Market Cap: £4.37B
See more insights into HSX stock on TipRanks’ Stock Analysis page.