The Hartford Financial Services Group (NYSE:HIG) Target Raised by Barclays PLC to $76.00

The Hartford Financial Services Group stock has undergone multiple analysts rating changes in the recent past.  The Hartford Financial Services Group stock Target Raised by Barclays PLC on 10/12/2021. In a note to investors, the firm issued a new target price of $76.00. The analysts previously had $73.00 target price. Barclays PLC’s price target would indicate a potential upside of 4.67% from the stock’s previous close.

Shares of The Hartford Financial Services Group traded down -$0.12 on monday, reaching $72.49. 176007 shares of the stock traded hands, compared to its average volume of 2246918. On monday, Shares of The Hartford Financial Services Group closed at $72.49. The firm’s 50 day moving average is $68.58 and its 200 day moving average is $62.00.The Hartford Financial Services Group  has a 12 month low of $36.62 and a 12 month high of $73.98. While on yearly highs and lows, The Hartford Financial Services Group today has traded high as $72.99 and has touched $71.83 on the downward trend.

The Hartford Financial Services Group Earnings and What to expect: 

The Hartford Financial Services Group last posted its earnings data on July 28th, 2021. The insurance provider reported $2.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.99. The business earned $3.57 billion during the quarter, compared to analysts’ expectations of $3.40 billion. The Hartford Financial Services Group has generated $5.78 earnings per share over the last year ($5.91 diluted earnings per share) and currently has a price-to-earnings ratio of 12.3. Earnings for The Hartford Financial Services Group are expected to grow by 17.21% in the coming year, from $5.87 to $6.88 per share. The Hartford Financial Services Group has confirmed that its next quarterly earnings report will be published on Thursday, October 28th, 2021. The Hartford Financial Services Group will be holding an earnings conference call on Friday, October 29th at 9:00 AM Eastern. Interested parties can .

Earnings for The Hartford Financial Services Group are expected to grow by 17.21% in the coming year, from $5.87 to $6.88 per share. The P/E ratio of The Hartford Financial Services Group is 12.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.28. The P/E ratio of The Hartford Financial Services Group is 12.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 13.13. The Hartford Financial Services Group has a PEG Ratio of 1.68. PEG Ratios above 1 indicate that a company could be overvalued. The Hartford Financial Services Group has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

The Hartford Financial Services Group (NYSE:HIG) Moving Average Technical Analysis

5 day Moving Average is $$72.44 And 5 day price change is $2.44 (3.48%)  with average volume for 5 day average is 1,832,780. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $70.58 and 20 day price change is $2.29 (3.26%) and average 20 day moving volume is 2,269,835. 50 day moving average is $68.58  and 50 day price change is $8.99 ( 14.13%)  and with average volume for 50 days is : 1,975,854. 200 day moving average is $62.00  and 200 day price change is $24.34 (50.42%)  and with average volume for 200 days is : 2,449,572.

Other owners latest trading in The Hartford Financial Services Group :

  • On 10/8/2021 shares held by IVC Wealth Advisors LLC were 3,165 which equates to market value of $0.22M and appx 0.20% owners of The Hartford Financial Services Group
  • On 10/8/2021 shares held by Summit Financial Group Inc. were 2,945 which equates to market value of $0.21M and appx 0.10% owners of The Hartford Financial Services Group
  • On 10/8/2021 shares held by TPG Financial Advisors LLC were 5,325 which equates to market value of $0.37M and appx 0.20% owners of The Hartford Financial Services Group
  • In total Institutional ownership equates to Institutional Ownership Percentage: 91.07% for The Hartford Financial Services Group

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