The leading market experts have placed a mean price target of $46.9200 on Hartford Financial Services Group Inc (NYSE:HIG) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.0800 a share for the upcoming quarter and $3.2700 for the current fiscal.
The technical analysis of Hartford Financial Services Gro plainly substantiates that the 50-day moving average of Hartford Financial Services Gro is $42.2460, and stock is trading $-2.0161 points away or -4.7723% from its 50-day moving average of $42.2460. Further it is trading $-3.3111 or -7.6046% away its 200-day moving average of $43.5410. Hartford Financial Services Group Inc (NYSE:HIG) 52-week high is $49.4100 and the 52-week low is $36.5400.
This explains if the stock moves $-9.1801, it will post a 52-week high. In event of +10.0982% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Hartford Financial Services Gro, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Hartford Financial Services Group Inc (NYSE:HIG) ratio came in at 12.3367.
The stock last ended the trading session at $40.2299 and registered a market cap of $15.53B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Hartford Financial Services Group Inc (NYSE:HIG) PEG ratio is at 1.7200.
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