Numis Securities reaffirmed their add rating on shares of Hastings Group (LON:HSTG) in a research note released on Thursday, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also commented on HSTG. Barclays reaffirmed an overweight rating on shares of Hastings Group in a research report on Monday, January 21st. BNP Paribas dropped their price target on Hastings Group from GBX 220 ($2.87) to GBX 210 ($2.74) and set a neutral rating on the stock in a research report on Thursday, January 24th. UBS Group reaffirmed a neutral rating and set a GBX 205 ($2.68) price target (up previously from GBX 196 ($2.56)) on shares of Hastings Group in a research report on Friday, February 1st. Goldman Sachs Group reaffirmed a neutral rating on shares of Hastings Group in a research report on Wednesday, February 27th. Finally, Shore Capital reaffirmed a buy rating on shares of Hastings Group in a research report on Thursday, February 28th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of GBX 227.82 ($2.98).

LON HSTG opened at GBX 185.70 ($2.43) on Thursday. The stock has a market cap of $1.23 billion and a PE ratio of 9.38. The company has a current ratio of 0.92, a quick ratio of 0.23 and a debt-to-equity ratio of 39.03. Hastings Group has a one year low of GBX 169.50 ($2.21) and a one year high of GBX 277 ($3.62).

The company also recently announced a dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, April 18th will be given a GBX 9 ($0.12) dividend. This represents a yield of 4.13%. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from Hastings Group’s previous dividend of $4.50. Hastings Group’s dividend payout ratio (DPR) is currently 0.71%.

Hastings Group Company Profile

Hastings Group Holdings plc, together with its subsidiaries, underwrites general insurance products in the United Kingdom. It is involved in the underwriting and brokerage of car, van, bike, and home insurance under various brands, including Hastings Direct, Hastings PREMIER, Hastings ESSENTIAL, Hastings Direct SmartMiles, InsurePink, and People's Choice.

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Analyst Recommendations for Hastings Group (LON:HSTG)

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