Hastings Group Hldg PLC (HSTG) Rating Reiterated by J P Morgan Chase & Co

Hastings Group Hldg PLC (LON:HSTG)‘s stock had its “overweight” rating reaffirmed by investment analysts at J P Morgan Chase & Co in a research report issued to clients and investors on Thursday.

Other equities analysts have also issued research reports about the company. Peel Hunt reaffirmed an “add” rating and issued a GBX 355 ($4.67) price target on shares of Hastings Group Hldg PLC in a research report on Wednesday, September 13th. Beaufort Securities reaffirmed a “buy” rating on shares of Hastings Group Hldg PLC in a research report on Thursday, August 10th. Barclays PLC reaffirmed an “equal weight” rating on shares of Hastings Group Hldg PLC in a research report on Thursday, August 10th. BNP Paribas initiated coverage on Hastings Group Hldg PLC in a research report on Friday, August 25th. They issued a “neutral” rating and a GBX 350 ($4.60) price target for the company. Finally, The Goldman Sachs Group, Inc. reaffirmed a “neutral” rating and issued a GBX 315 ($4.14) price target on shares of Hastings Group Hldg PLC in a research report on Tuesday, September 12th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of GBX 297.70 ($3.92).

Shares of Hastings Group Hldg PLC (LON HSTG) traded up GBX 1.60 ($0.02) during mid-day trading on Thursday, hitting GBX 303.60 ($3.99). 683,948 shares of the stock were exchanged, compared to its average volume of 549,776. Hastings Group Hldg PLC has a 1 year low of GBX 206.30 ($2.71) and a 1 year high of GBX 336.70 ($4.43).

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Hastings Group Hldg PLC Company Profile

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.

Analyst Recommendations for Hastings Group Hldg PLC (LON:HSTG)

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