.png "Hartford Financial (NYSE: HIG)")
B.Riley FBR analyst Randy Binner upgraded Hartford Financial (NYSE: HIG) to Buy today and set a price target of $60. The company’s shares closed on Friday at $50.92.
According to TipRanks.com, Binner is a 5-star analyst with an average return of 17.0% and a 72.6% success rate. Binner covers the Financial sector, focusing on stocks such as Health Insurance Innovations, Brighthouse Financial Inc, and Prudential Financial Inc.
Hartford Financial has an analyst consensus of Moderate Buy, with a price target consensus of $56.25, a 10.5% upside from current levels. In a report issued on September 10, Sandler O’Neill also initiated coverage with a Buy rating on the stock with a $60 price target.
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Hartford Financial’s market cap is currently $18.25B and has a P/E ratio of 24.91. The company has a Price to Book ratio of 1.45.
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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.
