Barclays Capital reiterated Hastings Group Holdings Plc (LON:HSTG) to Overweight in a report released today.
- Updated: September 21, 2016
Barclays Capital has reiterated Hastings Group Holdings Plc (LON:HSTG) to Overweight in a report released on Thursday September 22, 2016.
Previously on 9/16/2016, Berenberg reported about Hastings Group Holdings Plc (LON:HSTG) held steady the target price at 234.00GBX. At the time, this indicated a possible upside of 0%.
Yesterday Hastings Group Holdings Plc (LON:HSTG) traded -0.78% lower at 229.05GBX. The company’s 50-day moving average is 214.65GBX and its 200-day moving average is 187.35GBX. The last stock close price is up 21.81% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 4,915 shares of the stock were exchanged, down from an average trading volume of 433,326
See Chart Below
Hastings Group Holdings Plc has a 52 week low of 143.24GBX and a 52 week high of 233.50GBX with a P/E ratio of 34.58 The company’s market cap is currently 0 GBX.
In addition to Barclays Capital reporting its target price, a total of 8 firms have reported on the stock. The consensus target price is 199.00GBX with 1 firm rating the stock a strong buy, 6 firms rating the stock a buy, 2 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Hastings Group Holdings Plc (LON:HSTG)
Hastings Group Holdings plc, formerly Hastings Group Holdings Limited, is a holding company. The Company provides general insurance. Its segments include Underwriting, Retail and Corporate. The Underwriting segment includes underwriting business based in Gibraltar. The Underwriting segment includes its subsidiaries, Advantage Insurance Company Limited (AICL), which is engaged in underwriting general insurance, primarily private car insurance in the United Kingdom, and Conquest House Limited, which owns property utilized by the Company. AICL also underwrites the United Kingdom home policies under a co-insurance arrangement. The Retail segment includes provision of insurance broking services to the private car, van, bike and home markets in the United Kingdom, and broking services provided on behalf of a panel of external third-party insurers. The Corporate segment includes the results of various head office companies, whose primary activities are as holding and finance companies.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.