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Analysts’ Top Financial Picks: Hiscox (HCXLF), Tanger Factory (SKT)

Analysts are pulling back from the Financial sector as 2 experts expressed today bearish sentiments on Hiscox (HCXLFResearch Report) and Tanger Factory (SKTResearch Report).

Hiscox (HCXLF)

J.P. Morgan analyst Kamran Hossain reiterated a Sell rating on Hiscox yesterday and set a price target of p850.00. The company’s shares closed last Friday at $13.00.

According to TipRanks.com, Hossain is ranked #1128 out of 7782 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hiscox with a $14.44 average price target.

See the top stocks recommended by analysts >>

Tanger Factory (SKT)

In a report issued on March 2, Michael Mueller from J.P. Morgan maintained a Sell rating on Tanger Factory, with a price target of $19.00. The company’s shares closed last Thursday at $17.01.

According to TipRanks.com, Mueller is a 3-star analyst with an average return of 1.9% and a 56.7% success rate. Mueller covers the Financial sector, focusing on stocks such as Healthcare Trust of America, Rexford Industrial Realty, and First Industrial Realty.

The word on The Street in general, suggests a Hold analyst consensus rating for Tanger Factory with a $19.00 average price target.

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