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Analysts Offer Insights on Financial Companies: Marketaxess Holdings (MKTX) and Hartford Insurance (HIG)

Tipranks - Fri Mar 6, 10:30AM CST

Analysts have been eager to weigh in on the Financial sector with new ratings on Marketaxess Holdings (MKTXResearch Report) and Hartford Insurance (HIGResearch Report).

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Marketaxess Holdings (MKTX)

William Blair analyst Jeff Schmitt maintained a Buy rating on Marketaxess Holdings today. The company’s shares closed last Thursday at $185.44.

According to TipRanks.com, Schmitt is a 4-star analyst with an average return of 9.8% and a 65.6% success rate. Schmitt covers the Financial sector, focusing on stocks such as Miami International Holdings, Inc., SEI Investments Company, and Ameriprise Financial. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Marketaxess Holdings with a $192.83 average price target, representing a 5.7% upside. In a report issued on February 25, TipRanks – Google also upgraded the stock to Buy with a $200.00 price target.

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Hartford Insurance (HIG)

J.P. Morgan analyst Jimmy Bhullar reiterated a Hold rating on Hartford Insurance today. The company’s shares closed last Thursday at $140.10.

According to TipRanks.com, Bhullar is a 4-star analyst with an average return of 6.2% and a 56.3% success rate. Bhullar covers the Financial sector, focusing on stocks such as American International Group, Corebridge Financial, Inc., and Marsh & McLennan Companies. ;'>

Currently, the analyst consensus on Hartford Insurance is a Moderate Buy with an average price target of $152.69, implying an 8.1% upside from current levels. In a report issued on February 26, Evercore ISI also maintained a Hold rating on the stock with a $145.00 price target.

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