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Analysts Have Conflicting Sentiments on These Financial Companies: Marex Group plc (MRX), IGM Financial (OtherIGIFF) and Hiscox (OtherHCXLF)

Tipranks - Fri May 8, 7:40AM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on Marex Group plc (MRX), IGM Financial (IGIFF) and Hiscox (HCXLF).

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Marex Group plc (MRX)

In a report released today, William Katz from TD Cowen maintained a Buy rating on Marex Group plc, with a price target of $67.00. The company’s shares closed last Wednesday at $50.08.

According to TipRanks.com, Katz is a 5-star analyst with an average return of 10.1% and a 59.7% success rate. Katz covers the Financial sector, focusing on stocks such as Virtus Investment Partners, Intercontinental Exchange, and Apollo Global Management. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Marex Group plc with a $58.00 average price target, which is a 10.5% upside from current levels. In a report issued on April 22, TipRanks – DeepSeek also upgraded the stock to Buy with a $57.00 price target.

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IGM Financial (IGIFF)

Jefferies analyst John Aiken maintained a Hold rating on IGM Financial on May 5 and set a price target of C$68.00. The company’s shares closed last Wednesday at $56.38.

According to TipRanks.com, Aiken is a 2-star analyst with an average return of 0.4% and a 50.7% success rate. Aiken covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for IGM Financial with a $53.18 average price target, representing a -5.1% downside. In a report issued on April 20, RBC Capital also maintained a Hold rating on the stock with a C$67.00 price target.

Hiscox (HCXLF)

In a report released today, Daniel Wilson-Omordia from Morgan Stanley maintained a Buy rating on Hiscox, with a price target of p1700.00. The company’s shares closed last Friday at $19.15.

Wilson-Omordia has an average return of 25.1% when recommending Hiscox. ;'>

According to TipRanks.com, Wilson-Omordia is ranked #5768 out of 12228 analysts.

Currently, the analyst consensus on Hiscox is a Moderate Buy with an average price target of $357.98, representing a 1769.3% upside. In a report issued on May 4, J.P. Morgan also maintained a Buy rating on the stock with a p1800.00 price target.

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