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An update from Hiscox ( (GB:HSX) ) is now available.
Hiscox Ltd has announced the purchase of 56,559 of its own ordinary shares as part of its ongoing share buyback program, initially announced in February 2025. The shares were bought at prices ranging from 1,311.00 GBp to 1,328.00 GBp and will be canceled, reflecting the company’s strategy to return value to shareholders and optimize its capital structure.
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’s strong valuation and positive corporate events are the most significant factors driving the score. While financial performance shows areas for improvement, technical analysis supports a stable outlook. The earnings call adds confidence with strategic initiatives and growth, despite some challenges.
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 both businesses and individuals. The company focuses on niche areas of the market, including high-value homes, fine art, classic cars, and small business insurance, leveraging its expertise to offer tailored solutions.
Average Trading Volume: 1,283,936
Technical Sentiment Signal: Strong Buy
Current Market Cap: £4.43B
See more insights into HSX stock on TipRanks’ Stock Analysis page.