Hartford Financial Services Stock Outlook: Is Wall Street Bullish or Bearish?

Valued at a market cap of $34.3 billion, The Hartford Financial Services Group, Inc. (HIG) provides insurance and financial services to individuals and businesses. The Hartford, Connecticut-based firm offers various investment products, group life & group disability insurance, property & casualty insurance, and mutual funds. 

The financial sector giant has significantly outpaced the broader market over the past 52 weeks. HIG has rallied nearly 54.9% over this time frame, while the broader S&P 500 Index ($SPX) has gained 30.1%. Moreover, on a YTD basis, shares of HIG have surged 47.1%, compared to SPX’s returns of 24.1%.