Peel Hunt Reiterates “Add” Rating for Hastings Group Hldg PLC (LON:HSTG)

Peel Hunt reaffirmed their add rating on shares of Hastings Group Hldg PLC (LON:HSTG) in a research note issued to investors on Friday, October 27th. They currently have a GBX 355 ($4.67) target price on the stock.

A number of other equities analysts have also commented on the company. J P Morgan Chase & Co cut their price objective on Hastings Group Hldg PLC from GBX 370 ($4.87) to GBX 350 ($4.60) and set an overweight rating on the stock in a research note on Tuesday, October 24th. Goldman Sachs Group, Inc. (The) reaffirmed a neutral rating and issued a GBX 315 ($4.14) price objective on shares of Hastings Group Hldg PLC in a research note on Tuesday, September 12th. Credit Suisse Group reaffirmed an outperform rating on shares of Hastings Group Hldg PLC in a research note on Friday, September 8th. BNP Paribas started coverage on Hastings Group Hldg PLC in a research note on Friday, August 25th. They issued a neutral rating and a GBX 350 ($4.60) price objective on the stock. Finally, Shore Capital reissued a sell rating on shares of Hastings Group Hldg PLC in a research note on Tuesday, August 22nd. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of GBX 297.70 ($3.92).

Shares of Hastings Group Hldg PLC (LON HSTG) opened at GBX 312.79 ($4.11) on Friday. Hastings Group Hldg PLC has a 1-year low of GBX 206.30 ($2.71) and a 1-year high of GBX 336.70 ($4.43).

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About Hastings Group Hldg PLC

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.

Analyst Recommendations for Hastings Group Hldg PLC (LON:HSTG)

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