Shore Capital restated their hold rating on shares of Hastings Group (LON:HSTG) in a research note released on Thursday, April 4th, Digital Look reports.
HSTG has been the subject of a number of other research reports. Peel Hunt restated an add rating on shares of Hastings Group in a report on Friday, January 11th. Barclays increased their target price on Hastings Group from GBX 243 ($3.18) to GBX 247 ($3.23) and gave the company an overweight rating in a research note on Thursday, December 13th. Numis Securities reissued an add rating and set a GBX 220 ($2.87) price target on shares of Hastings Group in a research report on Thursday, February 28th. JPMorgan Chase & Co. dropped their price target on Hastings Group from GBX 250 ($3.27) to GBX 240 ($3.14) and set a neutral rating on the stock in a research report on Tuesday, March 5th. Finally, Canaccord Genuity upped their price target on Hastings Group from GBX 240 ($3.14) to GBX 250 ($3.27) and gave the company a buy rating in a research report on Monday, March 4th. Nine equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of GBX 232.91 ($3.04).
LON HSTG opened at GBX 191 ($2.50) on Thursday. The company has a market capitalization of $1.45 billion and a price-to-earnings ratio of 9.65. Hastings Group has a fifty-two week low of GBX 169.50 ($2.21) and a fifty-two week high of GBX 292 ($3.82). The company has a debt-to-equity ratio of 39.03, a current ratio of 0.92 and a quick ratio of 0.23.
About Hastings Group
Hastings Group Holdings plc, together with its subsidiaries, underwrites general insurance products in the United Kingdom. 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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