In the last 3 months, 8 analysts have published their opinion on Hartford Finl Servs Gr HIG shares. These analysts are typically employed by major Wall Street banks and are tasked with understanding a company’s business in order to predict how the stock will trade in the year to come.
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These 8 analysts have an average target price of $79.38 compared to Hartford Finl Servs Gr’s current price of $69.39, which suggests upside potential.
Below is a summary of how these 8 analysts have rated Hartford Finl Servs Gr over the last 3 months. The higher the number of bullish ratings, the more positive the analysts are on the stock market, and the higher the number of bearish ratings, the more negative analysts are on the stock market.
This current average is down 1.31% from the previous average price target of $80.43.
Benzinga monitors 150 analyst firms and reports on their share expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, typically over the next five years, and how risky or predictable that company’s revenue streams are.
Analysts attend company conference calls and meetings, review a company’s financial statements, and communicate with insiders to release their stock ratings. Analysts typically rate each stock once a quarter, or whenever the company has a significant update.
Some analysts release their forecasts for metrics like growth estimates, earnings, and revenue to provide additional support for their ratings. When using analyst ratings, it’s important to remember that stock and sector analysts are people too and are just giving their opinions to investors.
If you want to track which analysts are outperforming others, you can view updated analyst ratings along with analyst success metrics in Benzinga Pro.
This article was created by Benzinga’s automated content engine and reviewed by an editor.