In a report released today, Mark Dwelle from RBC Capital maintained a Hold rating on Hartford Financial (HIG), with a price target of $39.00. The company’s shares closed last Tuesday at $36.92.
According to TipRanks.com, Dwelle is a 2-star analyst with an average return of -0.8% and a 53.3% success rate. Dwelle covers the Financial sector, focusing on stocks such as American Equity Investment Life, American International Group, and Marsh & Mclennan Companies.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hartford Financial with a $57.20 average price target.
See today’s analyst top recommended stocks >>
Based on Hartford Financial’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.36 billion and net profit of $548 million. In comparison, last year the company earned revenue of $4.63 billion and had a net profit of $196 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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. It operates through the following segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits and Hartford Funds. The Commercial Lines segment provides workers compensation, property, automobile, liability and umbrella coverage under several different products, primarily throughout the U.S., within its standard commercial lines, which consists of The Hartford’s small commercial and middle market lines of business. The Personal Lines segment includes automobile, homeowners and home-based business coverage to individuals across the U.S. The Property & Casualty Other Operations segment includes certain property and casualty operations, currently managed by the company, that have discontinued writing new business and substantially all of the company’s asbestos and environmental exposures. The Group Benefits segment offers group life, accident and disability coverage, group retiree health and voluntary benefits to individual members of employer groups, associations, affinity groups and financial institutions. The Hartford Funds segment offers investment products for retail and retirement accounts and provides investment management and administrative services such as product design, implementation and oversight. The Hartford Financial Services Group was founded on May 10, 1810 and is headquartered in Hartford, CT.
