The Hartford Financial Services Group (HIG) Stock Forecast & Price Target

$109.63

+7.30 (+7.13%)

(As of 07/26/2024 ET)

The Hartford Financial Services Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 17 Analyst Ratings

Based on 17 Wall Street analysts who have issued ratings for The Hartford Financial Services Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 8 have given a hold rating, and 9 have given a buy rating for HIG.

Consensus Price Target

$107.50
-1.94% Downside

High Forecast	$144.00
Average Forecast	$107.50
Low Forecast	$77.00

According to the 17 analysts' twelve-month price targets for The Hartford Financial Services Group, the average price target is $107.50. The highest price target for HIG is $144.00, while the lowest price target for HIG is $77.00. The average price target represents a forecasted downside of -1.94% from the current price of $109.63.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)	7 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	7 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$107.50	$106.24	$105.81	$85.54
Forecasted Upside	-1.94% Downside	11.95% Upside	12.26% Upside	19.92% Upside

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HIG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

HIG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

The Hartford Financial Services Group Stock vs. The Competition

Type	The Hartford Financial Services Group	Finance Companies	S&P 500
Consensus Rating Score	2.53	2.44	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	-1.94% Downside	35.47% Upside	9.17% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/11/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$104.00 ➝ $116.00	+14.38%
7/11/2024	Bank of America 4 of 5 stars		Lower Target	Buy ➝ Buy	$113.00 ➝ $111.00	+9.45%
7/10/2024	Morgan Stanley 3 of 5 stars		Lower Target	Equal Weight ➝ Equal Weight	$109.00 ➝ $107.00	+7.39%
6/28/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sector Perform ➝ Sector Perform	$105.00 ➝ $105.00	+3.81%
6/28/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$116.00 ➝ $114.00	+10.95%
6/13/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Cox Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$105.00 ➝ $111.00	+12.25%
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5/15/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$104.00 ➝ $110.00	+9.65%
4/29/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$117.00 ➝ $111.00	+14.65%
4/26/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$90.00 ➝ $95.00	-1.13%
4/11/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	In-Line ➝ In-Line	$96.00 ➝ $104.00	+6.13%
4/10/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$114.00 ➝ $120.00	+21.07%
4/3/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$144.00	+40.97%
4/1/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$100.00 ➝ $120.00	+16.95%
4/1/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$115.00	+11.79%
2/5/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$100.00 ➝ $107.00	+18.59%
11/16/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform
10/6/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$75.00 ➝ $77.00	+8.99%
10/4/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$85.00	+21.15%
7/28/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$87.00 ➝ $83.00	+14.89%
5/1/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Reiterates
4/17/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform	$104.00	+49.58%
2/3/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	H. Fong Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral
1/19/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform	$77.00	+3.62%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:10 AM ET.

HIG Forecast - Frequently Asked Questions

What is The Hartford Financial Services Group's forecast for 2024?: According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for The Hartford Financial Services Group is $107.50, with a high forecast of $144.00 and a low forecast of $77.00.
Should I buy or sell The Hartford Financial Services Group stock right now?: 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Hartford Financial Services Group in the last twelve months. There are currently 8 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HIG shares.
Does The Hartford Financial Services Group's stock price have much upside?: According to analysts, The Hartford Financial Services Group's stock has a predicted upside of 11.77% based on their 12-month stock forecasts.
Has The Hartford Financial Services Group been downgraded by Wall Street analysts recently?: Over the previous 90 days, The Hartford Financial Services Group's stock had 1 downgrade by analysts.
What analysts cover The Hartford Financial Services Group?: The Hartford Financial Services Group has been rated by research analysts at Argus, Bank of America, Citigroup, JPMorgan Chase & Co., Morgan Stanley, Royal Bank of Canada, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like The Hartford Financial Services Group more than its competitors?: Analysts like The Hartford Financial Services Group more than other "finance" companies. The consensus rating for The Hartford Financial Services Group is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how HIG compares to other companies.