Jefferies has revised its price target for Hartford Financial (HIG, Financial), reducing it slightly from $118 to $117 while maintaining a Hold rating on the stock. The decision comes amid what the firm describes as manageable earnings risks within the well-capitalized and resilient property and casualty insurance sector.
Despite potential concerns over tariff impacts, Jefferies notes that these are unlikely to significantly disrupt earnings. Auto insurers, in particular, have the flexibility to adjust pricing swiftly in response to market changes. Moreover, the firm highlights that commercial insurers are already vigilant about loss cost inflation, and any resulting tariff effects may prompt further diligence in this area.
Jefferies does not anticipate any major impact from these risks in the first quarter and remains optimistic about the prospects of personal insurance lines moving forward.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for The Hartford Insurance Group Inc (HIG, Financial) is $130.19 with a high estimate of $150.00 and a low estimate of $110.00. The average target implies an upside of 13.41% from the current price of $114.79. More detailed estimate data can be found on the The Hartford Insurance Group Inc (HIG) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, The Hartford Insurance Group Inc's (HIG, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for The Hartford Insurance Group Inc (HIG, Financial) in one year is $113.00, suggesting a downside of 1.56% from the current price of $114.79. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the The Hartford Insurance Group Inc (HIG) Summary page.
