Hiscox (OTCMKTS:HCXLF) Receives “Sell” Rating from Barclays

Barclays reiterated their sell rating on shares of Hiscox (OTCMKTS:HCXLF) in a research report released on Thursday, September 5th, AnalystRatings.com reports. The brokerage currently has a $15.56 price objective on the stock.

Separately, Canaccord Genuity cut Hiscox to a sell rating in a research report on Monday, July 8th.

OTCMKTS HCXLF opened at $19.60 on Thursday. The company’s 50-day simple moving average is $19.79 and its 200 day simple moving average is $20.76. Hiscox has a twelve month low of $18.40 and a twelve month high of $22.00.

Hiscox Company Profile

Hiscox Ltd, together with its subsidiaries, provides insurance and reinsurance services. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It provides commercial insurance for small-and medium-sized businesses, including household, fine art and collectibles, and luxury motor via brokers, through a growing network of partnerships, and directly to consumers.

Further Reading: Are analyst ratings accurate?

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