Hartford Financial Services Group Stock Rating Reaffirmed by Zacks (HIG)
Hartford Financial Services Group (NYSE:HIG)‘s stock had its “hold” rating reaffirmed by Zacks in a research report issued to clients and investors on Thursday, American Banking and Market News reports. They currently have a $32.00 price target on the stock. Zacks‘ price objective would indicate a potential upside of 0.85% from the stock’s previous close.
HIG has been the subject of a number of other recent research reports. Analysts at Argus raised their price target on shares of Hartford Financial Services Group (NYSE:HIG) from $35.00 to $37.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at TheStreet upgraded shares of Hartford Financial Services Group (NYSE:HIG) from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, August 14th. Finally, analysts at Bank of America Corp. raised their price target on shares of Hartford Financial Services Group (NYSE:HIG) to $34.00 in a research note to investors on Tuesday, July 30th. They now have a “buy” rating on the stock. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $33.88.
Shares of Hartford Financial Services Group (NYSE:HIG) traded down 0.84% during mid-day trading on Thursday, hitting $31.465. 1,042,284 shares of the company’s stock traded hands. Hartford Financial Services Group has a 1-year low of $19.00 and a 1-year high of $32.60. The stock has a 50-day moving average of $30.99 and a 200-day moving average of $29.59. The company’s market cap is $14.318 billion.
Hartford Financial Services Group (NYSE:HIG) last announced its earnings results on Monday, July 29th. The company reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.71 by $0.05. The company had revenue of $5.69 billion for the quarter, compared to the consensus estimate of $5.46 billion. During the same quarter in the previous year, the company posted $0.56 earnings per share. The company’s revenue for the quarter was up 19.7% on a year-over-year basis. Analysts expect that Hartford Financial Services Group will post $3.23 EPS for the current fiscal year.
Hartford Financial Services Group Inc, formerly The Hartford Financial Services Group, Inc, is an insurance and financial services company.
To view Zacks’ full report, visit www.zacks.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.