Jefferies analyst Yaron Kinar maintains $Hartford Financial Services (HIG.US)$ with a hold rating, and adjusts the target price from $113 to $127.
According to TipRanks data, the analyst has a success rate of 66.5% and a total average return of 9.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Hartford Financial Services (HIG.US)$'s main analysts recently are as follows:
The sentiment on the property and casualty sector remains positive looking into Q3 reports, although the prevailing optimistic expectations and valuations moderate the perspective on stocks. The sector benefits from continuing strong pricing and a defensive risk profile, however, the anticipated margins for underwriters and sales growth for brokers may be on the higher side.
Anticipation for Q3 results, especially in the reinsurance segment, could be influenced by the recent Hurricane Milton. There is a positive outlook on the Personal sector due to improving margins and an increase in policies-in-force. It is projected that catastrophe losses will be below the five-year seasonal average yet significantly higher than the same period in the previous year, which may present a downside risk for primary insurers.
Note:
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