Breaking Down Hartford Finl Servs Gr: 4 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Four analysts have recently updated their ratings on Hartford Financial Services Group Inc (NYSE:HIG), with a mix of opinions. The average 12-month price target for HIG has increased to $94.00, up 10.26% from the previous $85.25. Analysts' actions include both raises and a lower in ratings, reflecting a nuanced view of the company's prospects. HIG's financial performance shows strong revenue growth and ROE, but challenges in net margin and a debt-to-equity ratio below industry norms.
February 05, 2024 | 4:00 pm
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POSITIVE IMPACT
Hartford Financial Services Group Inc (HIG) sees mixed analyst ratings with an updated average price target of $94, indicating a positive outlook. The company's financials show strong revenue growth and ROE, but challenges in net margin.
The increase in the average price target to $94, up 10.26% from the previous target, suggests a positive short-term outlook for HIG's stock price. The mixed analyst ratings reflect a nuanced view but the overall positive adjustment in price targets and the company's strong revenue growth and ROE are likely to be viewed favorably by investors. However, challenges in net margin and a debt-to-equity ratio below industry norms may temper some of the optimism.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100