Hartford Finl Servs Gr HIG underwent analysis by 10 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 2 | 7 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 1 | 0 | 0 | 0 |
2M Ago | 1 | 0 | 5 | 0 | 0 |
3M Ago | 0 | 1 | 1 | 0 | 0 |
Analysts have recently evaluated Hartford Finl Servs Gr and provided 12-month price targets. The average target is $129.4, accompanied by a high estimate of $141.00 and a low estimate of $121.00. This upward trend is apparent, with the current average reflecting a 8.34% increase from the previous average price target of $119.44.
Understanding Analyst Ratings: A Comprehensive Breakdown
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 |
---|---|---|---|---|---|
Michael Zaremski | BMO Capital | Raises | Market Perform | $141.00 | $100.00 |
Meyer Shields | Keefe, Bruyette & Woods | Raises | Outperform | $135.00 | $133.00 |
Jimmy Bhullar | JP Morgan | Raises | Neutral | $125.00 | $122.00 |
Brian Meredith | UBS | Raises | Buy | $135.00 | $134.00 |
Jimmy Bhullar | JP Morgan | Raises | Neutral | $122.00 | $117.00 |
Joshua Shanker | B of A Securities | Raises | Neutral | $124.00 | $121.00 |
Yaron Kinar | Jefferies | Raises | Hold | $127.00 | $113.00 |
Joshua Shanker | B of A Securities | Raises | Neutral | $121.00 | $113.00 |
Elyse Greenspan | Wells Fargo | Raises | Overweight | $134.00 | $122.00 |
Alex Scott | Barclays | Announces | Equal-Weight | $130.00 | - |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Hartford Finl Servs Gr. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Hartford Finl Servs Gr compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Hartford Finl Servs Gr's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
For valuable insights into Hartford Finl Servs Gr's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Hartford Finl Servs Gr analyst ratings.
About 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.
Unraveling the Financial Story of Hartford Finl Servs Gr
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Positive Revenue Trend: Examining Hartford Finl Servs Gr's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 10.05% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Hartford Finl Servs Gr's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 11.33%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Hartford Finl Servs Gr's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.75% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Hartford Finl Servs Gr's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.95%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.26.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.
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.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.