Berenberg Starts Hiscox Ltd (LON:HSX) Coverage with GBX 1630.00 Target; SWATCH GROUP AG THE AKT SWITZERLAND (SWGAF) SI Decreased By 7.4%

The financial firm Berenberg has has begun coverage on Hiscox Ltd (LON:HSX)‘s stock, rating it a “Buy” while setting the price target at GBX 1630.00.

SWATCH GROUP AG THE AKT SWITZERLAND (OTCMKTS:SWGAF) had a decrease of 7.4% in short interest. SWGAF’s SI was 689,700 shares in March as released by FINRA. Its down 7.4% from 744,800 shares previously. With 200 avg volume, 3449 days are for SWATCH GROUP AG THE AKT SWITZERLAND (OTCMKTS:SWGAF)’s short sellers to cover SWGAF’s short positions. The SI to SWATCH GROUP AG THE AKT SWITZERLAND’s float is 1.84%. The stock decreased 0.18% or $0.75 during the last trading session, reaching $418.3. About shares traded. The Swatch Group AG (OTCMKTS:SWGAF) has 0.00% since March 9, 2017 and is . It has underperformed by 16.70% the S&P500.

The stock increased 2.17% or GBX 32 during the last trading session, reaching GBX 1507. About 245,825 shares traded. Hiscox Ltd (LON:HSX) has 0.00% since March 9, 2017 and is . It has underperformed by 16.70% the S&P500.

Hiscox Ltd, together with its subsidiaries, provides insurance and reinsurance services. The company has market cap of 4.33 billion GBP. The firm operates through four divisions: Hiscox Retail, Hiscox London Market, Hiscox Re and ILS, and Corporate Centre. It has a 167.44 P/E ratio. 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.

Among 23 analysts covering Hiscox Ltd (LON:HSX), 7 have Buy rating, 4 Sell and 12 Hold. Therefore 30% are positive. Hiscox Ltd has GBX 1630 highest and GBX 645 lowest target. GBX 1155.14’s average target is -23.35% below currents GBX 1507 stock price. Hiscox Ltd had 167 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Hiscox Ltd (LON:HSX) has “Hold” rating given on Friday, February 26 by Numis Securities. JP Morgan maintained the shares of HSX in report on Friday, January 5 with “Overweight” rating. On Monday, November 23 the stock rating was maintained by JP Morgan with “Overweight”. The firm has “Reduce” rating given on Thursday, September 15 by Peel Hunt. The firm has “Neutral” rating by Citigroup given on Friday, July 14. The firm earned “Reduce” rating on Monday, January 25 by Peel Hunt. Barclays Capital maintained it with “Underweight” rating and GBX 972 target in Monday, February 6 report. The stock of Hiscox Ltd (LON:HSX) has “Underweight” rating given on Wednesday, June 29 by Barclays Capital. The company was downgraded on Tuesday, July 18 by Credit Suisse. The stock has “Overweight” rating by JP Morgan on Thursday, July 20.

The Swatch Group AG manufactures and sells finished watches, jewelry, and watch movements and components worldwide. The company has market cap of $21.81 billion. The companyÂ’s Watches & Jewelry segment designs, produces, and commercializes watches and jewelry. It has a 35.34 P/E ratio. The Company’s Electronic Systems segment is involved in the design, production, and commercialization of electronic components and systems, as well as sports timing activities.