1.4% Above Target

Wall Street's consensus price target for HG is $34, -1.4% from its current price of $34.47. The below-market target from 9 analysts suggests limited near-term appreciation.

HG has a consensus rating of "Buy" based on 9 Wall Street analysts. The rating breakdown is predominantly bullish, with 6 Buy/Strong Buy ratings. The consensus 12-month price target of $34 implies -1.4% downside from current levels.

With a forward P/E of 7.6026x, HG trades at a relatively low valuation. The consensus target of $34 implies -1.4% move, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $35 for HG, while the most conservative target is $33. The consensus of $34 represents the median expectation. Our quantitative valuation model projects a bull case target of $58 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

HG is moderately covered, with 9 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 6 have Buy ratings, 3 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month HG stock forecast based on 9 Wall Street analysts shows a consensus price target of $34, with estimates ranging from $33 (bear case) to $35 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $44, with bear/bull scenarios of $28/$58.

Our quantitative valuation model calculates HG's fair value at $44 (base case), with a bear case of $28 and bull case of $58. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 54/100.

HG trades at a forward P/E ratio of 7.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 6.1x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on HG, with 0 Sell ratings and a price target of $34 (-1.4% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

HG analyst price targets range from $33 to $35, a 6% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $34 consensus represents the middle ground. Our model's $28-$58 range provides an independent fundamental perspective.