Henderson Group Plc’s (HGG) “Equal weight” Rating Reaffirmed at Barclays PLC
Henderson Group Plc (LON:HGG)‘s stock had its “equal weight” rating reaffirmed by equities researchers at Barclays PLC in a report issued on Tuesday. They presently have a GBX 215 ($2.81) target price on the stock. Barclays PLC’s price target points to a potential downside of 20.58% from the company’s previous close.
A number of other brokerages have also issued reports on HGG. Jefferies Group upgraded shares of Henderson Group Plc to a “hold” rating and upped their price target for the company from GBX 172 ($2.25) to GBX 238 ($3.11) in a research note on Tuesday. BNP Paribas lowered shares of Henderson Group Plc to a “neutral” rating and cut their price objective for the stock from GBX 270 ($3.52) to GBX 240 ($3.13) in a research note on Tuesday, June 14th. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 225 ($2.94) price objective on shares of Henderson Group Plc in a research note on Friday, September 2nd. Peel Hunt reiterated a “hold” rating and issued a GBX 270 ($3.52) price objective on shares of Henderson Group Plc in a research note on Monday. Finally, 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. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 259.58 ($3.39).
Henderson Group Plc (LON:HGG) opened at 270.70 on Tuesday. The company’s 50 day moving average is GBX 238.86 and its 200-day moving average is GBX 242.39. The stock’s market cap is GBX 2.95 billion. Henderson Group Plc has a 1-year low of GBX 192.60 and a 1-year high of GBX 314.30.
The firm also recently declared a dividend, which was paid on Friday, September 16th. Stockholders of record on Thursday, August 25th were paid a GBX 3.20 ($0.04) dividend. This represents a dividend yield of 1.44%. The ex-dividend date of this dividend was Thursday, August 25th.
About Henderson Group Plc
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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