Peel Hunt Reaffirms “Hold” Rating for Henderson Group Plc (HGG)
Henderson Group Plc (LON:HGG)‘s stock had its “hold” rating restated by stock analysts at Peel Hunt in a research note issued to investors on Monday. They currently have a GBX 270 ($3.52) price objective on the stock. Peel Hunt’s price target points to a potential upside of 16.38% from the company’s current price.
HGG has been the topic of a number of other reports. BNP Paribas downgraded shares of Henderson Group Plc to a “neutral” rating and reduced their price objective for the stock from GBX 270 ($3.52) to GBX 240 ($3.13) in a research note on Tuesday, June 14th. JPMorgan Chase & Co. increased their price objective on shares of Henderson Group Plc from GBX 225 ($2.94) to GBX 245 ($3.20) and gave the stock a “neutral” rating in a research note on Tuesday, September 13th. Barclays PLC downgraded shares of Henderson Group Plc to an “equal weight” rating and reduced their price objective for the stock from GBX 300 ($3.92) to GBX 210 ($2.74) in a research note on Thursday, June 30th. Jefferies Group downgraded shares of Henderson Group Plc to an “underperform” rating and reduced their price objective for the stock from GBX 240 ($3.13) to GBX 172 ($2.25) in a research note on Thursday, June 30th. Finally, Numis Securities Ltd reiterated a “hold” rating and set a GBX 225 ($2.94) price objective on shares of Henderson Group Plc in a research note on Friday, September 2nd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. Henderson Group Plc currently has a consensus rating of “Hold” and an average price target of GBX 250.75 ($3.27).
Shares of Henderson Group Plc (LON:HGG) opened at 269.70 on Monday. The company’s market capitalization is GBX 2.94 billion. The company’s 50 day moving average is GBX 238.76 and its 200-day moving average is GBX 242.46. Henderson Group Plc has a 1-year low of GBX 192.60 and a 1-year high of GBX 314.30.
The company also recently declared a dividend, which was paid on Friday, September 16th. Shareholders of record on Thursday, August 25th were issued a dividend of GBX 3.20 ($0.04) per share. The ex-dividend date of this dividend was Thursday, August 25th. This represents a yield of 1.44%.
Henderson Group Plc Company Profile
Henderson Group plc is an independent global asset manager, specializing in active investment. The Company is a client-focused global business with assets under management. The Company’s segments include UK, Americas, Australia and Other. It manages a range of actively managed investment products for institutional and retail investors, across over five capabilities, which include European equities, global equities, global fixed income, multi-asset and alternatives, including private equity and property.
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