Hartford Financial Services Group (NYSE:HIG)‘s stock had its “hold” rating restated by Zacks in a research report issued to clients and investors on Thursday, AnalystRatings.Net reports. They currently have a $32.00 price target on the stock. Zacks‘ price target would suggest a potential upside of 0.85% from the stock’s previous close.
Hartford Financial Services Group (NYSE:HIG) traded down 0.88% during mid-day trading on Thursday, hitting $31.45. The stock had a trading volume of 923,128 shares. Hartford Financial Services Group has a 1-year low of $19.00 and a 1-year high of $32.60. The stock’s 50-day moving average is $30.99 and its 200-day moving average is $29.59. The company’s market cap is $14.311 billion.
Hartford Financial Services Group (NYSE:HIG) last issued its quarterly earnings data 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 $3.23 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Argus raised their price target on shares of Hartford Financial Services Group (NYSE:HIG) from $35.00 to $37.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at TheStreet upgraded shares of Hartford Financial Services Group (NYSE:HIG) from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, August 14th. Finally, analysts at Bank of America Corp. raised their price target on shares of Hartford Financial Services Group (NYSE:HIG) to $34.00 in a research note to investors on Tuesday, July 30th. 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 stock. Hartford Financial Services Group has an average rating of “Buy” and a consensus target price of $33.88.
Hartford Financial Services Group Inc, formerly The Hartford Financial Services Group, Inc, is an insurance and financial services company.
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