Henderson Group Plc’s (HGG) “Hold” Rating Reaffirmed at CM-CIC
Henderson Group Plc (LON:HGG)‘s stock had its “hold” rating reissued by research analysts at CM-CIC in a note issued to investors on Tuesday. They presently have a GBX 238 ($3.11) price target on the stock. CM-CIC’s price objective would suggest a potential downside of 12.08% from the company’s previous close.
Several other research firms have also commented on HGG. Barclays PLC reissued an “equal weight” rating on shares of Henderson Group Plc in a research report on Friday, July 29th. Royal Bank Of Canada lowered Henderson Group Plc to an “underperform” rating and reduced their price target for the stock from GBX 270 ($3.52) to GBX 210 ($2.74) in a research report on Wednesday, July 20th. JPMorgan Chase & Co. lowered Henderson Group Plc to a “neutral” rating and reduced their price target for the stock from GBX 320 ($4.18) to GBX 225 ($2.94) in a research report on Wednesday, June 29th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 225 ($2.94) price target on shares of Henderson Group Plc in a research report on Thursday, July 28th. Finally, BNP Paribas reduced their price target on Henderson Group Plc from GBX 205 ($2.68) to GBX 200 ($2.61) and set a “neutral” rating for the company in a research report on Thursday, July 7th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 257.92 ($3.37).
Henderson Group Plc (LON:HGG) opened at 270.70 on Tuesday. The stock’s market capitalization is GBX 2.95 billion. Henderson Group Plc has a one year low of GBX 192.60 and a one year high of GBX 314.30. The company has a 50 day moving average of GBX 238.86 and a 200-day moving average of GBX 242.39.
The business also recently announced 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. The ex-dividend date of this dividend was Thursday, August 25th. This represents a dividend 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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