Hartford Financial Services Group Inc. Reaches New 12-Month High at $32.69 (HIG)
Hartford Financial Services Group (NYSE:HIG)’s share price reached a new 52-week high during trading hours on Thursday, Analyst Ratings Net reports. The company traded as high as $32.69 and last traded at $32.43, with a volume of 3,886,255 shares traded. The stock had previously closed at $32.10.
HIG has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Hartford Financial Services Group in a research note to investors on Friday, October 4th. They now have a $32.00 price target on the stock. Finally, analysts at Argus raised their price target on shares of Hartford Financial Services Group from $35.00 to $37.00 in a research note to investors on Thursday, September 26th. They now have a “buy” rating on the stock. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $33.88.
Hartford Financial Services Group has a 1-year low of $20.12 and a 1-year high of $32.60. The stock’s 50-day moving average is $31.05 and its 200-day moving average is $29.97. The company’s market cap is $14.884 billion.
Hartford Financial Services Group (NYSE:HIG) last announced its earnings results on Monday, July 29th. The company reported $0.66 EPS for the quarter, missing the Thomson Reuters 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 prior year, the company posted $0.56 earnings per share. The company’s quarterly revenue was up 19.7% on a year-over-year basis. Analysts expect that Hartford Financial Services Group will post $3.25 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.
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