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Home / Momentum / Hastings Holdings (HSTG.L) 22-04-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Hastings Holdings (HSTG.L) 22-04-20

Will shares in Hastings Holdings (HSTG.L) continue to push upwards, reaching new highs?

  • Now trading at 196.13p (at time of writing), the share price momentum has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Could this be the ideal opportunity for momentum traders?
  • Shares -10% from 12-month highs; +31% from 12 month lows.

Latest News

15 Apr:  Hastings, the insurance group, pressed ahead with its intention to pay a significantly reduced dividend. Management posted a decline in turnover due to reduced earned premiums and investment income within Q1

09 Apr:  RBC Capital Markets reiterates its underperform rating on Hastings Group Holdings Plc (HSTG) and increased the target price to 160p (from 155p).

07 Apr:  HSBC reiterates its hold rating on Hastings Group Holdings Plc (HSTG) and reduced the target price to 175p (from 200p).

02 Apr:  Barclays Capital reiterates its overweight rating on Hastings Group Holdings Plc (HSTG) and increased the target price to 208p (from 205p).

26 Mar:  Goldman Sachs reiterates its buy rating on Hastings Group Holdings Plc (HSTG) and increased the target price to 225p (from 203p).

09 Mar:  JP Morgan Cazenove reiterates its neutral rating on Hastings Group Holdings Plc (HSTG) and reduced the target price to 175p (from 180p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

Click to enlarge

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