Hastings Group Hldg PLC (HSTG) Receives Average Rating of “Hold” from Brokerages
Shares of Hastings Group Hldg PLC (LON:HSTG) have received a consensus rating of “Hold” from the twelve brokerages that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 292.63 ($3.86).
Several brokerages recently weighed in on HSTG. Barclays PLC reiterated an “equal weight” rating on shares of Hastings Group Hldg PLC in a research report on Thursday, August 10th. Shore Capital reiterated a “sell” rating on shares of Hastings Group Hldg PLC in a research report on Monday, August 7th. Peel Hunt reiterated an “add” rating and set a GBX 355 ($4.68) price target on shares of Hastings Group Hldg PLC in a research report on Thursday, September 7th. J P Morgan Chase & Co reduced their price target on Hastings Group Hldg PLC from GBX 370 ($4.88) to GBX 350 ($4.62) and set an “overweight” rating for the company in a research report on Tuesday, October 24th. Finally, Beaufort Securities reiterated a “buy” rating on shares of Hastings Group Hldg PLC in a research report on Thursday, August 10th.
The firm also recently disclosed a dividend, which will be paid on Friday, November 10th. Shareholders of record on Thursday, October 5th will be issued a GBX 4.10 ($0.05) dividend. This represents a yield of 1.28%. The ex-dividend date of this dividend is Thursday, October 5th.
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Hastings Group Hldg PLC Company Profile
Hastings Group Holdings plc, formerly Hastings Group Holdings Limited, is a holding company. The Company provides general insurance. Its segments include Underwriting, Retail and Corporate. The Underwriting segment includes underwriting business based in Gibraltar. The Underwriting segment includes its subsidiaries, Advantage Insurance Company Limited (AICL), which is engaged in underwriting general insurance, primarily private car insurance in the United Kingdom, and Conquest House Limited, which owns property utilized by the Company.
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