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Home / Support and Resistance / Hastings Holdings (HSTG.L) 02-04-20

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

Hastings Holdings (HSTG.L) 02-04-20

Will Hastings Holdings (HSTG.L) shares break resistance, or will it they fall back to the 149p support? (-19%)?

  • Now close to the 183p resistance. Currently trading at 186.04p (at time of writing).
  • The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
  • Will the share price decline once again to recent support of 149p? (-19%).
  • Technical traders should be mindful of breaking news. Check news outlets for updates, react accordingly.
  • Shares -19% from 12-month highs; +24% from 12 month lows.

Latest News

08:50:  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).

28 Feb:  Toby van der Meer, Chief Executive Officer, bought 31,099 shares within the firm on the 28th February 2020 at a price of 160.77p. This Director currently has 1,939,272 shares.

28 Feb:  John Worth, Financial Director, bought 30,811 shares within the firm on the 28th February 2020 at a price of 161.45p. This Director currently has 30,811 shares.

27 Feb:  Barclays Capital reiterates its overweight rating on Hastings Group Holdings Plc (HSTG) and reduced the target price to 205p (from 211p).

18 Feb:  UBS reiterates its neutral rating on Hastings Group Holdings Plc (HSTG) and reduced the target price to 182p (from 190p).

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

Click to enlarge

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


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