Hastings Group Hldg PLC (HSTG) Rating Reiterated by Shore Capital

Hastings Group Hldg PLC (LON:HSTG)‘s stock had its “sell” rating restated by stock analysts at Shore Capital in a report issued on Friday.

HSTG has been the subject of a number of other reports. Barclays PLC reiterated an “equal weight” rating on shares of Hastings Group Hldg PLC in a report on Thursday, August 10th. Peel Hunt reiterated an “add” rating and set a GBX 355 ($4.68) price target on shares of Hastings Group Hldg PLC in a report on Thursday, September 7th. J P Morgan Chase & Co lowered their price target on shares of Hastings Group Hldg PLC from GBX 370 ($4.88) to GBX 350 ($4.62) and set an “overweight” rating for the company in a report on Tuesday, October 24th. Beaufort Securities reiterated a “buy” rating on shares of Hastings Group Hldg PLC in a report on Thursday, August 10th. Finally, Goldman Sachs Group, Inc. (The) upped their price target on shares of Hastings Group Hldg PLC from GBX 298 ($3.93) to GBX 315 ($4.16) and gave the company a “neutral” rating in a report on Tuesday, July 4th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 296.70 ($3.92).

Shares of Hastings Group Hldg PLC (LON:HSTG) opened at 317.70 on Friday. The stock’s 50 day moving average is GBX 306.74 and its 200 day moving average is GBX 308.95. The firm’s market capitalization is GBX 2.09 billion. Hastings Group Hldg PLC has a 52-week low of GBX 206.30 and a 52-week high of GBX 336.70.

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Hastings Group Hldg PLC Company Profile

Hastings Group Holdings plc, formerly Hastings Group Holdings Limited, is a holding company. The Company provides general insurance. Its segments include Underwriting, Retail and Corporate. The Underwriting segment includes underwriting business based in Gibraltar. The Underwriting segment includes its subsidiaries, Advantage Insurance Company Limited (AICL), which is engaged in underwriting general insurance, primarily private car insurance in the United Kingdom, and Conquest House Limited, which owns property utilized by the Company.

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