JP Morgan Raises PT on Hartford Insurance to $142, Maintains Neutral Rating.

Tuesday, Jul 29, 2025 12:03 pm ET1min read

JP Morgan Raises PT on Hartford Insurance to $142, Maintains Neutral Rating.

JPMorgan has adjusted its price target on The Hartford Insurance Group, Inc. (HIG) to $142, maintaining a neutral rating. This decision comes following the company's strong Q2 earnings report, which saw a surge in profit due to increased insurance demand and investment income [3].

The Hartford Insurance Group reported a Q2 adjusted earnings per share (EPS) of $3.41, surpassing the FactSet estimate of $2.83. The company's Q2 revenue also rose to $6.99 billion, slightly missing the FactSet estimate of $7.04 billion [3]. This performance has led to a positive reassessment of the company's stock value by JPMorgan.

The latest price target adjustment follows a series of changes from other major financial institutions. Notably, Wells Fargo raised its price target to $138 from $134, maintaining an overweight rating [2]. Similarly, UBS increased its target to $145 from $142, keeping a buy rating [2]. These adjustments reflect a growing optimism among analysts regarding The Hartford's financial health and future prospects.

The changes in price targets come amidst a broader trend of uncertainty in the healthcare sector, particularly concerning the Affordable Care Act (ACA) [2]. Despite this, The Hartford's strong Q2 results and the company's leading market share in Medicaid have bolstered investor confidence [2].

The Hartford Insurance Group continues to navigate a dynamic market landscape, with recent executive changes and equity buyback plans aimed at enhancing shareholder value. The appointment of Thomas Bartlett as a director further underscores the company's commitment to strategic leadership [1].

References:
[1] https://www.marketscreener.com/news/jpmorgan-adjusts-price-target-on-hartford-insurance-group-to-142-from-140-maintains-neutral-ratin-ce7c5fd9dc8ff124
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3TQ08X:0-jp-morgan-trims-pt-on-centene-and-molina-citing-aca-uncertainties/
[3] https://www.tradingview.com/news/reuters.com,2025-07-28:newsml_PLX11C5CC:0-brief-hartford-insurance-group-q2-core-eps-usd-3-41-vs-ibes-estimate-usd-2-83/

JP Morgan Raises PT on Hartford Insurance to $142, Maintains Neutral Rating.

Comments



Add a public comment...
No comments

No comments yet