JP Morgan Cazenove Maintains Overweight Rating for Hiscox Ltd - Depositary Receipt (HCXLY)

Analyst Recommendation: JP Morgan Cazenove has reiterated an Overweight recommendation for Hiscox Ltd - Depositary Receipt (OTCPK:HCXLY) as of November 6, 2025, with a projected one-year price target of $41.95/share, indicating a potential upside of 39.09% from its current price of $30.16/share.

Revenue and EPS Projections: The projected annual revenue for Hiscox Ltd is estimated at $5,413 million, reflecting a 37.85% increase, with a projected non-GAAP EPS of 1.62.

Institutional Holdings: Two funds reported positions in Hiscox Ltd, with total institutional shares increasing by 14.83% to 168,000 shares over the last three months, while the average portfolio weight dedicated to HCXLY rose by 0.12%.

Shareholder Activity: Great Lakes Advisors increased its holdings from 132,000 to 143,000 shares (up 7.55%), while Chicago Trust Co NA raised its shares from 21,000 to 25,000 (up 16.73%), despite both firms reducing their portfolio allocations in HCXLY.