Hastings Group Hldg PLC (LON:HSTG) Receives GBX 204.25 Average PT from Analysts
Hastings Group Hldg PLC (LON:HSTG) has been given an average rating of “Hold” by the eleven analysts that are covering the firm. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is GBX 204.25 ($2.67).
A number of equities analysts have weighed in on HSTG shares. HSBC downgraded shares of Hastings Group Hldg PLC to a “reduce” rating and set a GBX 193 ($2.52) price target on the stock. in a research note on Thursday, September 8th. Peel Hunt increased their price objective on shares of Hastings Group Hldg PLC from GBX 210 ($2.74) to GBX 240 ($3.13) and gave the stock a “buy” rating in a research report on Tuesday, August 23rd. Barclays PLC reissued an “overweight” rating on shares of Hastings Group Hldg PLC in a research report on Thursday, September 22nd. Berenberg Bank reissued a “buy” rating and issued a GBX 234 ($3.05) price objective on shares of Hastings Group Hldg PLC in a research report on Friday, September 16th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 240 ($3.13) price objective on shares of Hastings Group Hldg PLC in a research report on Friday, August 12th.
Shares of Hastings Group Hldg PLC (LON:HSTG) opened at 214.60 on Wednesday. The stock’s market capitalization is GBX 1.41 billion. Hastings Group Hldg PLC has a 12 month low of GBX 143.24 and a 12 month high of GBX 240.70. The company has a 50-day moving average of GBX 221.69 and a 200-day moving average of GBX 192.26.
The company also recently declared a dividend, which will be paid on Friday, November 4th. Investors of record on Thursday, October 6th will be issued a dividend of GBX 3.30 ($0.04) per share. This represents a yield of 1.56%. This is a positive change from Hastings Group Hldg PLC’s previous dividend of $2.20. The ex-dividend date is Thursday, October 6th.
About Hastings Group Hldg PLC
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.
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