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Hiscox ( (GB:HSX) ) just unveiled an announcement.
Hiscox Ltd announced transactions involving its Chief Financial Officer, Paul Cooper, and Chief Underwriting Officer, Joanne Musselle, under the Hiscox UK Sharesave Plan. Paul Cooper acquired 2,452 shares, while Joanne Musselle acquired 2,380 shares and further subscribed to additional shares through the company’s scrip dividend alternative. These transactions reflect the company’s ongoing commitment to employee investment and engagement, potentially enhancing stakeholder confidence in its leadership and strategic direction.
The most recent analyst rating on (GB:HSX) stock is a Buy with a £1600.00 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 valuation metrics and positive corporate events, particularly the share buyback program. Financial performance is stable but challenged by cash flow issues. Technical indicators suggest a bearish trend, but the stock may be undervalued, offering potential upside.
To see Spark’s full report on GB:HSX stock, click here.
More about Hiscox
Hiscox Ltd is a global insurance company headquartered in Bermuda, specializing in niche areas of the insurance market, including property, casualty, and specialty insurance. The company focuses on providing tailored insurance solutions to businesses and individuals, leveraging its expertise in underwriting and risk management.
Average Trading Volume: 1,280,128
Technical Sentiment Signal: Buy
Current Market Cap: £4.28B
Find detailed analytics on HSX stock on TipRanks’ Stock Analysis page.