News Digest / Ticker: HSX.L

Ticker: HSX.L

03:44am, Thursday, Jul 17, 2025

Hiscox Gains Morgan Stanley Overweight Nod on $200M Savings Plan and 26% Earnings Surge

Morgan Stanley upgrades Hiscox (LON: HSX) to "overweight," raising its price target to 1,460p. The insurer's $200M cost-cutting and retail growth plan aims to boost earnings by 26% by 2028, with improved combined ratios and enhanced shareholder returns.