Peel Hunt reaffirmed their buy rating on shares of Hastings Group Hldg PLC (LON:HSTG) in a research report released on Tuesday. The firm currently has a GBX 240 ($2.97) target price on the stock.
Several other research firms have also weighed in on HSTG. Barclays PLC restated an overweight rating on shares of Hastings Group Hldg PLC in a research note on Thursday, September 22nd. Macquarie restated an underperform rating and set a GBX 148 ($1.83) price objective on shares of Hastings Group Hldg PLC in a research note on Wednesday, September 7th. HSBC lowered shares of Hastings Group Hldg PLC to a reduce rating and set a GBX 193 ($2.39) price objective on the stock. in a research note on Thursday, September 8th. Berenberg Bank restated a buy rating and set a GBX 234 ($2.90) price objective on shares of Hastings Group Hldg PLC in a research note on Friday, September 16th. Finally, Beaufort Securities restated a buy rating on shares of Hastings Group Hldg PLC in a research note on Friday, August 12th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 207.22 ($2.56).
Shares of Hastings Group Hldg PLC (LON:HSTG) traded up 1.23% during midday trading on Tuesday, reaching GBX 214.60. 163,020 shares of the company were exchanged. The company’s market capitalization is GBX 1.41 billion. The stock has a 50-day moving average price of GBX 221.53 and a 200 day moving average price of GBX 193.21. Hastings Group Hldg PLC has a 52-week low of GBX 143.24 and a 52-week high of GBX 240.70.
The firm also recently declared a dividend, which will be paid on Friday, November 4th. Stockholders of record on Thursday, October 6th will be given a dividend of GBX 3.30 ($0.04) per share. The ex-dividend date of this dividend is Thursday, October 6th. This represents a dividend yield of 1.56%. This is a positive change from Hastings Group Hldg PLC’s previous dividend of $2.20.