Hallmark Financial Services Upgraded to “Neutral” by Zacks (HALL)
Hallmark Financial Services (NASDAQ:HALL) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued on Wednesday, Stock Ratings Network reports. The firm currently has a $8.90 price target on the stock. Zacks‘ price objective points to a potential upside of 2.53% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at TheStreet downgraded shares of Hallmark Financial Services from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, August 13th. Analysts at Sidoti downgraded shares of Hallmark Financial Services from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, July 25th.
Shares of Hallmark Financial Services (NASDAQ:HALL) traded up 1.73% on Wednesday, hitting $8.83. The stock had a trading volume of 6,293 shares. Hallmark Financial Services has a 52 week low of $6.71 and a 52 week high of $10.03. The stock’s 50-day moving average is $8.64 and its 200-day moving average is $9.01. The company has a market cap of $170.1 million and a price-to-earnings ratio of 45.68.
Hallmark Financial Services, Inc (NASDAQ:HALL) is an insurance holding company.
To view Zacks’ full report, visit www.zacks.com
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