Hartford Financial Services Group (The) (HIG) : Traders are bullish on Hartford Financial Services Group (The) (HIG) as it has outperformed the S&P 500 by a wide margin of 6% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.29%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.83% in the last 1 week, and is up 3.85% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.53% and the 50-Day Moving Average is 0.83%.The 200 Day SMA reached 1.97% The Hartford Financial Services Group, Inc. has dropped 4.5% during the last 3-month period . Year-to-Date the stock performance stands at -2.39%.
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.
For the current week, the company shares have a recommendation consensus of Buy. Hartford Financial Services Group (The) (NYSE:HIG): stock was range-bound between the intraday low of $41.61 and the intraday high of $42.06 after having opened at $42.06 on Fridays session. The stock finally closed in the red at $42.06, a loss of -0.83%. The stock remained in the red for the whole trading day. The total traded volume was 4,649,988 shares. The stock failed to cross $42.06 in Fridays trading. The stocks closing price on Thursday was $42.15.
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.