Credit Suisse Keeps Their Hold Rating on Hartford Financial (HIG)


Credit Suisse analyst Michael Zaremski maintained a Hold rating on Hartford Financial (NYSE: HIG) on August 22 and set a price target of $52. The company’s shares closed on Friday at $50, close to its 52-week low of $49.67.

According to TipRanks.com, Zaremski is a 3-star analyst with an average return of 6.1% and a 70.6% success rate. Zaremski covers the Financial sector, focusing on stocks such as Marsh & Mclennan Companies, Cincinnati Financial Corp, and Selective Insurance Group.

The word on The Street in general, suggests a Hold analyst consensus rating for Hartford Financial with a $55 average price target, which is a 10.0% upside from current levels. In a report issued on August 7, B.Riley FBR also maintained a Hold rating on the stock with a $55 price target.

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The company has a one-year high of $59.20 and a one-year low of $49.67. Currently, Hartford Financial has an average volume of 1.97M.

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The Hartford Financial Services Group, Inc. is an insurance and financial services company. The company provides life insurance, group and employee benefits, automobile and homeowners insurance and business insurance, as well as investment products, annuities, mutual funds, and college savings plans.

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