Jefferies Elevates Hiscox (HCXLF) to Buy with Increased Price Target | HCXLF Stock News

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Jun 02, 2025

Investment firm Jefferies has raised its rating for Hiscox (HCXLF, Financial) from Hold to Buy, setting a new price target of 1,500 GBp, up from the previous 1,000 GBp. This change comes after Hiscox's investor day, which impressed attendees with a commitment to significantly enhance dividends in the near term. Additionally, Hiscox outlined its medium-term goals to boost Retail segment growth and embark on a long-term efficiency initiative. This investor event is expected to be a pivotal moment for the company, according to analysts.

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