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Analysts Offer Insights on Financial Companies: TMX Group (OtherTMXXF) and Hiscox (OtherHCXLF)

Analysts have been eager to weigh in on the Financial sector with new ratings on TMX Group (TMXXFResearch Report) and Hiscox (HCXLFResearch Report).

TMX Group (TMXXF)

In a report released yesterday, Etienne Ricard from BMO Capital maintained a Buy rating on TMX Group, with a price target of C$50.00. The company’s shares closed last Friday at $31.37, close to its 52-week high of $32.67.

According to TipRanks.com, Ricard is a 5-star analyst with an average return of 27.3% and a 71.4% success rate. Ricard covers the Financial sector, focusing on stocks such as Apollo Global Management, Victory Capital Holdings, and Blackstone Group.

The word on The Street in general, suggests a Hold analyst consensus rating for TMX Group with a $33.36 average price target.

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Hiscox (HCXLF)

In a report released today, Philip Kett from Jefferies maintained a Hold rating on Hiscox, with a price target of p1000.00. The company’s shares closed last Monday at $14.00.

According to TipRanks.com, Kett is ranked #320 out of 9187 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hiscox with a $16.05 average price target, a 14.6% upside from current levels. In a report issued on November 11, RBC Capital also maintained a Hold rating on the stock with a p1150.00 price target.

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