Hartford Financial Services Group (The) (HIG) has risen sharply, recording gains of 0.05% in the past 4 weeks. However, the stock has corrected -0.94% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.26% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.86% and the fifty day Moving Average is 5.67%. The Hartford Financial Services Group, Inc. has dropped 11.79% during the last three month period . Year-to-Date the stock performance stands at -7.38%.
Hartford Financial Services Group (The) (HIG) : The highest short term price target forecast on Hartford Financial Services Group (The) (HIG) is $50 and the lowest target price is $45. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $47.11 with a standard deviation of $1.76.
Hartford Financial Services Group (The) (NYSE:HIG): On Fridays trading session , Opening price of the stock was $40.11 with an intraday high of $40.37. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $39.68. However, the stock managed to close at $39.87, a loss of 0.52% for the day. On the previous day, the stock had closed at $40.08. The total traded volume of the day was 2,941,756 shares.
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.