Henderson Group Plc (HGG) Given Average Rating of “Hold” by Brokerages
Shares of Henderson Group Plc (LON:HGG) have been assigned an average recommendation of “Hold” from the thirteen brokerages that are currently covering the firm. Ten investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 250.80 ($3.13).
HGG has been the topic of several analyst reports. Barclays PLC restated an “equal weight” rating and set a GBX 215 ($2.69) price objective on shares of Henderson Group Plc in a report on Tuesday, October 4th. CM-CIC restated a “hold” rating and set a GBX 238 ($2.97) price objective on shares of Henderson Group Plc in a report on Tuesday, October 4th. Numis Securities Ltd restated a “hold” rating and set a GBX 225 ($2.81) price objective on shares of Henderson Group Plc in a report on Friday, September 2nd. Jefferies Group upgraded Henderson Group Plc to a “hold” rating and raised their price objective for the stock from GBX 172 ($2.15) to GBX 238 ($2.97) in a report on Tuesday, October 4th. Finally, Peel Hunt restated a “hold” rating and set a GBX 270 ($3.37) price objective on shares of Henderson Group Plc in a report on Monday, October 3rd.
Henderson Group Plc (LON:HGG) opened at 245.10 on Tuesday. The company’s 50-day moving average price is GBX 240.63 and its 200 day moving average price is GBX 239.30. Henderson Group Plc has a 1-year low of GBX 192.60 and a 1-year high of GBX 314.30. The firm’s market capitalization is GBX 2.67 billion.
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In other news, insider Andrew Formica sold 483,630 shares of Henderson Group Plc stock in a transaction dated Friday, November 4th. The stock was sold at an average price of GBX 216 ($2.70), for a total transaction of £1,044,640.80 ($1,305,148.43).
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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