Hartford Financial Services Group (HIG) Posts Quarterly Results
Hartford Financial Services Group (NYSE:HIG) announced its earnings results on Tuesday. The company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.04, ARN reports. During the same quarter in the previous year, the company posted $0.54 earnings per share.
HIG has been the subject of a number of recent research reports. Analysts at MKM Partners raised their price target on shares of Hartford Financial Services Group from $40.00 to $43.00 in a research note to investors on Friday, January 17th. They now have a “buy” rating on the stock. On a related note, analysts at Wells Fargo & Co. upgraded shares of Hartford Financial Services Group from a “market perform” rating to an “outperform” rating in a research note to investors on Friday, January 10th. Finally, analysts at FBR Capital Markets raised their price target on shares of Hartford Financial Services Group from $32.00 to $37.00 in a research note to investors on Thursday, January 9th. They now have a “market perform” rating on the stock. Five equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $36.20.
Shares of Hartford Financial Services Group (NYSE:HIG) opened at 32.18 on Tuesday. Hartford Financial Services Group has a 52 week low of $22.64 and a 52 week high of $36.76. The stock has a 50-day moving average of $35.05 and a 200-day moving average of $33.23. The company’s market cap is $14.387 billion.
Hartford Financial Services Group Inc, formerly The Hartford Financial Services Group, Inc, is an insurance and financial services company.
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