Henderson Group Plc (HGG) Rating Reiterated by BNP Paribas
Henderson Group Plc (LON:HGG)‘s stock had its “neutral” rating restated by stock analysts at BNP Paribas in a research report issued on Monday. They presently have a GBX 240 ($3.00) target price on the stock. BNP Paribas’ price objective points to a potential downside of 1.56% from the stock’s current price.
HGG has been the subject of a number of other research reports. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 280 ($3.50) target price on shares of Henderson Group Plc in a research note on Friday, October 28th. Royal Bank Of Canada cut their target price on shares of Henderson Group Plc from GBX 330 ($4.12) to GBX 300 ($3.75) and set an “outperform” rating for the company in a research note on Thursday, October 20th. Peel Hunt reiterated a “hold” rating and issued a GBX 270 ($3.37) target price on shares of Henderson Group Plc in a research note on Monday, October 3rd. Jefferies Group reiterated a “hold” rating and issued a GBX 238 ($2.97) target price on shares of Henderson Group Plc in a research note on Thursday, October 20th. Finally, Macquarie reiterated a “neutral” rating and issued a GBX 243 ($3.04) target price on shares of Henderson Group Plc in a research note on Wednesday, October 5th. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Henderson Group Plc presently has a consensus rating of “Hold” and an average price target of GBX 261.69 ($3.27).
Shares of Henderson Group Plc (LON:HGG) opened at 243.80 on Monday. The stock has a 50 day moving average price of GBX 242.12 and a 200-day moving average price of GBX 239.16. The stock’s market cap is GBX 2.65 billion. Henderson Group Plc has a 12-month low of GBX 192.60 and a 12-month high of GBX 314.30.
In related news, insider Andrew Formica sold 483,630 shares of the company’s stock in a transaction on Friday, November 4th. The shares were sold at an average price of GBX 216 ($2.70), for a total value of £1,044,640.80 ($1,305,148.43).
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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