A number of other equities research analysts also recently commented on HSTG. Numis Securities reaffirmed an add rating on shares of Hastings Group in a report on Wednesday, August 8th. Barclays decreased their target price on Hastings Group from GBX 270 ($3.53) to GBX 267 ($3.49) and set an equal weight rating for the company in a report on Thursday, August 9th. Berenberg Bank decreased their price target on Hastings Group from GBX 334 ($4.36) to GBX 310 ($4.05) and set a buy rating for the company in a report on Wednesday, July 25th. JPMorgan Chase & Co. reissued a neutral rating and issued a GBX 315 ($4.12) price target (down from GBX 335 ($4.38)) on shares of Hastings Group in a report on Tuesday, July 3rd. Finally, Shore Capital reissued an under review rating on shares of Hastings Group in a report on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. Hastings Group has an average rating of Hold and an average target price of GBX 259.79 ($3.39).
Shares of Hastings Group stock traded up GBX 2.60 ($0.03) on Monday, reaching GBX 196.50 ($2.57). 1,795,809 shares of the stock were exchanged, compared to its average volume of 1,190,000. Hastings Group has a twelve month low of GBX 244 ($3.19) and a twelve month high of GBX 336.70 ($4.40).
About Hastings Group
Hastings Group Holdings plc, together with its subsidiaries, provides general insurance products in the United Kingdom. The company operates in two segments, Underwriting and Retail. 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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