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