Hastings Group (HSTG) Earns “Overweight” Rating from Barclays

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Barclays reaffirmed their overweight rating on shares of Hastings Group (LON:HSTG) in a research note issued to investors on Monday morning.

Other equities analysts also recently issued research reports about the stock. Peel Hunt reiterated an add rating and set a GBX 260 ($3.40) target price (down previously from GBX 300 ($3.92)) on shares of Hastings Group in a research note on Thursday, October 25th. Shore Capital reiterated an under review rating on shares of Hastings Group in a research note on Thursday, October 25th. Morgan Stanley assumed coverage on shares of Hastings Group in a research note on Tuesday, November 27th. They set an equal weight rating and a GBX 210 ($2.74) target price for the company. UBS Group reiterated a neutral rating and set a GBX 245 ($3.20) target price on shares of Hastings Group in a research note on Thursday, October 25th. Finally, Goldman Sachs Group lowered their target price on shares of Hastings Group from GBX 269.90 ($3.53) to GBX 209.90 ($2.74) and set a neutral rating for the company in a research note on Tuesday, November 6th. Nine investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of GBX 246.19 ($3.22).

Shares of HSTG stock opened at GBX 201 ($2.63) on Monday. Hastings Group has a 12 month low of GBX 244 ($3.19) and a 12 month high of GBX 336.70 ($4.40).

Hastings Group Company Profile

Hastings Group Holdings plc, together with its subsidiaries, provides general insurance products in the United Kingdom. The company operates in two segments, Underwriting and Retail. It is involved in the underwriting and brokerage of car, van, bike, and home insurance under various brands, including Hastings Direct, Hastings PREMIER, Hastings ESSENTIAL, Hastings Direct SmartMiles, InsurePink, and People's Choice.

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Analyst Recommendations for Hastings Group (LON:HSTG)

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