Hastings Group Hldg PLC (LON:HSTG) has received an average rating of “Hold” from the fourteen ratings firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 209.10 ($2.73).

HSTG has been the subject of several analyst reports. Numis Securities restated an “add” rating on shares of Hastings Group in a research report on Thursday, May 16th. Barclays decreased their target price on Hastings Group from GBX 250 ($3.27) to GBX 220 ($2.87) and set an “overweight” rating for the company in a research report on Friday, August 9th. Panmure Gordon initiated coverage on Hastings Group in a research report on Wednesday, May 22nd. They set a “sell” rating and a GBX 145 ($1.89) target price for the company. Royal Bank of Canada decreased their target price on Hastings Group from GBX 195 ($2.55) to GBX 190 ($2.48) and set a “sector performer” rating for the company in a research report on Monday. Finally, JPMorgan Chase & Co. boosted their target price on Hastings Group from GBX 240 ($3.14) to GBX 245 ($3.20) and gave the stock an “overweight” rating in a research report on Monday.

HSTG stock traded down GBX 1 ($0.01) during midday trading on Wednesday, reaching GBX 184.50 ($2.41). The stock had a trading volume of 224,273 shares, compared to its average volume of 1,190,000. The business’s fifty day moving average price is GBX 195.95. The company has a current ratio of 0.92, a quick ratio of 0.23 and a debt-to-equity ratio of 39.03. The company has a market capitalization of $1.22 billion and a price-to-earnings ratio of 9.32. Hastings Group has a twelve month low of GBX 169.50 ($2.21) and a twelve month high of GBX 277 ($3.62).

The firm also recently disclosed a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 3rd will be given a GBX 4.50 ($0.06) dividend. The ex-dividend date is Thursday, October 3rd. This represents a dividend yield of 2.54%. Hastings Group’s dividend payout ratio is presently 0.71%.

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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Analyst Recommendations for Hastings Group (LON:HSTG)

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