Barclays Sticks to Their Hold Rating for Hiscox (HCXLF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 28 2025
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Source: Business Insider
Analyst Rating and Price Target: Barclays analyst Ivan Bokhmat has maintained a Hold rating on Hiscox with a price target of £12.60, while the current analyst consensus is also a Hold with an average price target of $15.89.
Company Performance: Hiscox reported quarterly revenue of $861.15 million and a net profit of $129.45 million for the quarter ending June 30, showing growth compared to last year's revenue of $820.75 million and net profit of $125.05 million.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
