Wells Fargo Keeps Their Hold Rating on Hartford Financial (HIG)


Wells Fargo analyst Elyse Greenspan maintained a Hold rating on Hartford Financial (HIG) yesterday and set a price target of $56. The company’s shares closed yesterday at $56.90, close to its 52-week high of $58.24.

According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 6.5% and a 66.4% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Renaissancere Holdings Ltd, and Marsh & Mclennan Companies.

Currently, the analyst consensus on Hartford Financial is a Moderate Buy with an average price target of $62.86, representing a 10.5% upside. In a report issued on July 19, Buckingham also maintained a Hold rating on the stock with a $63 price target.

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The company has a one-year high of $58.24 and a one-year low of $40.54. Currently, Hartford Financial has an average volume of 2.11M.

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock.

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.

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