Hartford Financial Services Group (The) (NYSE:HIG) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2 by 13 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. In a research note released to the investors, Wells Fargo downgrades its rating on Hartford Financial Services Group (The) (NYSE:HIG).The analysts at the brokerage house have a current rating of Market Perform on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on May 17, 2016.
Hartford Financial Services Group (The) (NYSE:HIG): The stock price is expected to reach $ 50.29 in the short term. The number of analysts agreeing with this consensus is 7. The higher estimate for the short term price target is at $55 while the lower estimate is at $47. The standard deviation of the price stands at $3.45.
Hartford Financial Services Group (The) (NYSE:HIG) rose 0.27% or 0.12 points on Tuesday and made its way into the gainers of the day. After trading began at $44.34 the stock was seen hitting $44.495 as a peak level and $44.02 as the lowest level. The stock ended up at $44.22. The daily volume was measured at 1,419,806 shares. The 52-week high of the share price is $50.95 and the 52-week low is $36.54. The company has a market cap of $17,395 million.
Shares of The Hartford Financial Services Group, Inc. appreciated by 0.71% during the last five trading days but lost 1.27% on a 4-week basis. The Hartford Financial Services Group, Inc. has dropped 3% during the last 3-month period . Year-to-Date the stock performance stands at 2.72%.
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.