Hastings Group Hldg PLC’s (HSTG) Overweight Rating Reaffirmed at J P Morgan Chase & Co
Several other research firms have also recently weighed in on HSTG. Credit Suisse Group reiterated an outperform rating on shares of Hastings Group Hldg PLC in a report on Friday, September 8th. BNP Paribas initiated coverage on Hastings Group Hldg PLC in a report on Friday, August 25th. They set a neutral rating and a GBX 350 ($4.60) price objective on the stock. Goldman Sachs Group, Inc. (The) reiterated a neutral rating and set a GBX 315 ($4.14) price objective on shares of Hastings Group Hldg PLC in a report on Tuesday, September 12th. Peel Hunt reiterated an add rating and set a GBX 355 ($4.67) price objective on shares of Hastings Group Hldg PLC in a report on Wednesday, September 13th. Finally, Shore Capital reiterated a sell rating on shares of Hastings Group Hldg PLC in a report on Friday, October 27th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of GBX 297.70 ($3.92).
Hastings Group Hldg PLC (LON:HSTG) traded up GBX 1.60 ($0.02) during trading hours on Thursday, hitting GBX 303.60 ($3.99). The stock had a trading volume of 683,948 shares, compared to its average volume of 549,776. Hastings Group Hldg PLC has a fifty-two week low of GBX 206.30 ($2.71) and a fifty-two week high of GBX 336.70 ($4.43).
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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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