During the last three months, 16 analysts shared their evaluations of Hartford Finl Servs Gr HIG, revealing diverse outlooks from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 5 | 6 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 1 | 4 | 0 | 0 |
| 3M Ago | 2 | 4 | 2 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $112.75, with a high estimate of $144.00 and a low estimate of $95.00. Surpassing the previous average price target of $105.69, the current average has increased by 6.68%.
Decoding Analyst Ratings: A Detailed Look
A clear picture of Hartford Finl Servs Gr's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Alex Scott | Goldman Sachs | Raises | Buy | $111.00 | $105.00 |
| Jacob Kilstein | Argus Research | Raises | Buy | $110.00 | $104.00 |
| Michael Ward | Citigroup | Raises | Neutral | $116.00 | $113.00 |
| Elyse Greenspan | Wells Fargo | Lowers | Overweight | $111.00 | $117.00 |
| Michael Phillips | Morgan Stanley | Lowers | Equal-Weight | $109.00 | $110.00 |
| Harry Fong | Roth MKM | Raises | Neutral | $95.00 | $90.00 |
| Michael Ward | Citigroup | Raises | Buy | $113.00 | $109.00 |
| Michael Phillips | Morgan Stanley | Raises | Equal-Weight | $110.00 | $94.00 |
| Alex Scott | Goldman Sachs | Raises | Buy | $105.00 | $92.00 |
| Elyse Greenspan | Wells Fargo | Raises | Overweight | $117.00 | $106.00 |
| David Motemaden | Evercore ISI Group | Raises | In-Line | $104.00 | $96.00 |
| Meyer Shields | Keefe, Bruyette & Woods | Raises | Outperform | $120.00 | $114.00 |
| Jimmy Bhullar | JP Morgan | Raises | Neutral | $104.00 | $91.00 |
| Andrew Kligerman | TD Cowen | Raises | Buy | $144.00 | $135.00 |
| C. Gregory Peters | Raymond James | Raises | Outperform | $120.00 | $100.00 |
| Paul Newsome | Piper Sandler | Maintains | Overweight | $115.00 | $115.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Hartford Finl Servs Gr. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Hartford Finl Servs Gr compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Hartford Finl Servs Gr's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Hartford Finl Servs Gr analyst ratings.
Unveiling the Story Behind Hartford Finl Servs Gr
The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.
Financial Insights: Hartford Finl Servs Gr
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Hartford Finl Servs Gr displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 8.77%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Hartford Finl Servs Gr's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 11.69%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Hartford Finl Servs Gr's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 4.97%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Hartford Finl Servs Gr's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.97%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.29.
Analyst Ratings: Simplified
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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