Argus Research Sticks to Their Buy Rating for Hartford Financial (HIG)

Argus Research analyst Kevin Heal reiterated a Buy rating on Hartford Financial yesterday and set a price target of $155.00. The company’s shares closed yesterday at $136.64.

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Heal covers the Financial sector, focusing on stocks such as Chubb, CME Group, and Hartford Financial. According to TipRanks, Heal has an average return of 10.2% and a 68.79% success rate on recommended stocks.

Hartford Financial has an analyst consensus of Moderate Buy, with a price target consensus of $144.63, implying a 5.85% upside from current levels. In a report released on November 17, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $155.00 price target.

Based on Hartford Financial’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $7.15 billion and a net profit of $1.08 billion. In comparison, last year the company earned a revenue of $6.71 billion and had a net profit of $767 million

Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HIG in relation to earlier this year. Last month, Lori A Rodden, the EVP of HIG sold 7,841.00 shares for a total of $959,816.81.