Analysts’ Top Financial Picks: Root (ROOT), Hiscox (HCXLF)

Analysts fell to the sidelines weighing in on Root (ROOTResearch Report) and Hiscox (HCXLFResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Root (ROOT)

RBC Capital analyst Sabahat Khan maintained a Hold rating on Root on June 11 and set a price target of C$3.00. The company’s shares closed last Wednesday at $8.20, close to its 52-week low of $7.56.

According to TipRanks.com, Khan is ranked #3365 out of 7602 analysts.

Currently, the analyst consensus on Root is a Moderate Buy with an average price target of $13.73.

See today’s analyst top recommended stocks >>

Hiscox (HCXLF)

RBC Capital analyst Kamran Hossain reiterated a Hold rating on Hiscox on July 9 and set a price target of p925.00. The company’s shares closed last Wednesday at $12.03.

According to TipRanks.com, Hossain is ranked #2351 out of 7602 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Hiscox with a $12.36 average price target, which is a 2.8% upside from current levels. In a report issued on July 15, Citigroup also initiated coverage with a Hold rating on the stock.

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