Hartford Insurance (HIG) Receives a Hold from Evercore ISI
Evercore ISI analyst David Motemaden maintained a Hold rating on Hartford Insurance today and set a price target of $145.00.
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According to TipRanks, Motemaden is a 4-star analyst with an average return of 4.2% and a 53.50% success rate. Motemaden covers the Financial sector, focusing on stocks such as Allstate, Chubb, and Aon.
Hartford Insurance has an analyst consensus of Moderate Buy, with a price target consensus of $152.43.
Based on Hartford Insurance’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $7.31 billion and a net profit of $1.13 billion. In comparison, last year the company earned a revenue of $6.8 billion and had a net profit of $853 million
Based on the recent corporate insider activity of 64 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. Earlier this month, Lori A Rodden, the EVP of HIG sold 5,681.00 shares for a total of $805,679.42.
Read More on HIG:
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- Hartford Financial price target raised to $163 from $160 at Keefe Bruyette
- Hartford Financial price target raised to $143 from $138 at Citi
- Hartford Financial price target raised to $142 from $140 at Morgan Stanley
- Hartford Financial price target raised to $165 from $160 at Cantor Fitzgerald
- Hartford Financial price target raised to $157 from $155 at UBS
