Hastings Group Hldg PLC (LON:HSTG)‘s stock had its “add” rating reaffirmed by analysts at Peel Hunt in a research report issued on Thursday. They currently have a GBX 355 ($4.58) price target on the stock. Peel Hunt’s price target indicates a potential upside of 17.08% from the company’s current price.

HSTG has been the topic of a number of other reports. Barclays PLC reissued an “equal weight” rating on shares of Hastings Group Hldg PLC in a research note on Thursday, August 10th. Shore Capital reissued a “sell” rating on shares of Hastings Group Hldg PLC in a research note on Monday, August 7th. Macquarie reissued an “underperform” rating and issued a GBX 166 ($2.14) price objective on shares of Hastings Group Hldg PLC in a research note on Monday, June 19th. HSBC Holdings plc reissued a “reduce” rating and issued a GBX 230 ($2.97) price objective on shares of Hastings Group Hldg PLC in a research note on Tuesday, June 13th. Finally, Beaufort Securities reissued a “buy” rating on shares of Hastings Group Hldg PLC in a research note on Thursday, August 10th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 293.20 ($3.79).

Hastings Group Hldg PLC (LON HSTG) opened at 303.20 on Thursday. Hastings Group Hldg PLC has a 12-month low of GBX 202.43 and a 12-month high of GBX 336.70. The stock’s market cap is GBX 1.99 billion. The firm has a 50-day moving average price of GBX 315.56 and a 200-day moving average price of GBX 295.54.

TRADEMARK VIOLATION NOTICE: “Hastings Group Hldg PLC (HSTG) Stock Rating Reaffirmed by Peel Hunt” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another site, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this article can be accessed at https://www.thecerbatgem.com/2017/09/09/hastings-group-hldg-plc-hstg-stock-rating-reaffirmed-by-peel-hunt.html.

In other Hastings Group Hldg PLC news, insider Richard Hoskins purchased 811,165 shares of the company’s stock in a transaction on Monday, June 12th. The shares were bought at an average cost of GBX 319 ($4.12) per share, with a total value of £2,587,616.35 ($3,341,878.28).

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.

Analyst Recommendations for Hastings Group Hldg PLC (LON:HSTG)

Receive News & Stock Ratings for Hastings Group Hldg PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hastings Group Hldg PLC and related stocks with our FREE daily email newsletter.