Report
EUR 12.98 For Business Accounts Only

HASTINGS GROUP sees an upgrade to Positive due to a better fundamental star rating

The general evaluation of HASTINGS GROUP (GB), a company active in the Full Line Insurance industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date October 30, 2020, the closing price was GBp 249.40 and its potential was estimated at GBp 303.72.
Underlying
Hastings Group Holdings Plc

Hastings Group Holdings Plc is a holding company. Through its subsidiaries, Co. is engaged in brokering and underwriting general insurance products to the car, van, bike and home insurance markets in the United Kingdom. Co. operates through two segments, Underwriting and Retail. The Underwriting segment includes Advantage Insurance Company Limited (AICL) and its investment in Conquest House Limited. AICL underwrites general insurance, predominantly private car insurance in UK. The Retail segment provides insurance broking services to private car, van, bike and home markets in the UK. Broking services also provided on behalf of a panel of external third-party insurers.

Provider
TheScreener
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