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Home / Stocks and Markets at Lows / Hastings Holdings (HSTG.L) 20-12-19

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

Hastings Holdings (HSTG.L) 20-12-19

Hastings Holdings (HSTG.L) has fallen dramatically from recent highs of 231.6p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • Now trading at 174.2p (at time of writing). A return to previous highs would represent a rise of 33%.
  • This stock is one of the most significant fallers in the period.
  • Is the trend your friend, or is a bounce imminent?
  • The market often over-reacts to bad news. Investors should consider whether it is down for good reason, or is this another over-reaction?
  • Investors seeking a bargain should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Shares -24% from 12-month highs; +1% from 12 month lows.

Latest News

16 Dec:  Goldman Sachs reiterates its buy rating on Hastings Group Holdings Plc (HSTG) and reduced the target price to 203p (from 214p).

16 Dec:  JP Morgan Cazenove reiterates its neutral rating on Hastings Group Holdings Plc (HSTG) and reduced the target price to 185p (from 200p).

06 Dec:  Peel Hunt reiterates its add rating on Hastings Group Holdings Plc (HSTG) and reduced the target price to 200p (from 220p).

04 Dec:  Barclays Capital reiterates its overweight rating on Hastings Group Holdings Plc (HSTG) and increased the target price to 211p (from 209p).

29 Oct:  RBC Capital Markets reiterates its underperform rating on Hastings Group Holdings Plc (HSTG) and reduced the target price to 165p (from 170p).

28 Oct:  JP Morgan Cazenove has downgraded its rating on Hastings Group Holdings Plc (HSTG) to neutral (from overweight) and reduced the target price to 200p  (from 245p).

28 Oct:  Barclays Capital reiterates its overweight rating on Hastings Group Holdings Plc (HSTG) and reduced the target price to 209p (from 225p).

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

 

Click to enlarge

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