Hartford Financial Services Group (The) (HIG) : The consensus on Hartford Financial Services Group (The) (HIG) based on 11 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Hartford Financial Services Group (The) (HIG) : Average target price received by Hartford Financial Services Group (The) (HIG) is $47.11 with an expected standard deviation of $1.76. The most aggressive target on the stock is $50, whereas the most downbeat target is $45. 9 financial analysts are currently covering the stock.
Also, Atlantic Equities downgrades its rating on Hartford Financial Services Group (The) (NYSE:HIG). Analysts at the Atlantic Equities have a current rating of Neutral on the shares. The shares were previously rated Overweight. The rating by the firm was issued on August 10, 2016.
Hartford Financial Services Group (The) (NYSE:HIG): After opening at $41.61, the stock dipped to an intraday low of $41.56 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $42.275 and the buying power remained strong till the end. The stock closed at $42.15 for the day, a gain of 0.84% for the day session. The total traded volume was 2,850,107. The stocks close on the previous trading day was $41.8.
The Hartford Financial Services Group, Inc. (The Hartford) is an insurance and financial services holding company. The Hartford is a provider of property and casualty insurance and group life and disability products to individual and business customers in the United States of America. It is also a provider of mutual funds to investors and additionally, The Hartford manages life and annuity products. The Hartford conducts business principally in six segments, including Commercial Lines (formerly Property & Casualty Commercial), Personal Lines (formerly Consumer Markets), Property & Casualty Other Operations, Group Benefits, Mutual Funds and Talcott Resolution, as well as a Corporate category. The Hartford includes in its Corporate category the Companys debt financing and related interest expense, as well as other capital raising activities, and purchase accounting adjustments related to goodwill and other expenses not allocated to other segments.