Shares of Hamilton Insurance Group, Ltd. (HG) surged 5.05% in Thursday's trading session, amid positive analyst coverage from Barclays and other firms.
In a note released today, Barclays analyst Alex Scott reiterated a Buy rating on HG's Class B shares. While the specific rationale was not provided, the positive view helped drive the stock higher.
Additionally, a report summarizing analyst opinions on several financial stocks also touched on HG in a favorable light, further boosting investor sentiment around the insurer.