Peel Hunt Reiterates Buy Rating for Hogg Robinson Group plc (HRG)
Hogg Robinson Group plc (LON:HRG)‘s stock had its “buy” rating reiterated by stock analysts at Peel Hunt in a note issued to investors on Tuesday. They presently have a GBX 81 ($1.00) price target on the stock. Peel Hunt’s target price indicates a potential upside of 21.80% from the company’s previous close.
Shares of Hogg Robinson Group plc (LON:HRG) opened at 66.50 on Tuesday. The company’s market capitalization is GBX 215.23 million. Hogg Robinson Group plc has a 12-month low of GBX 59.00 and a 12-month high of GBX 82.00. The stock has a 50 day moving average of GBX 69.59 and a 200-day moving average of GBX 69.56.
The firm also recently disclosed a dividend, which will be paid on Monday, January 9th. Stockholders of record on Thursday, December 8th will be paid a GBX 0.72 ($0.01) dividend. The ex-dividend date is Thursday, December 8th. This represents a dividend yield of 1.08%.
In other Hogg Robinson Group plc news, insider Ashley Hubka acquired 50,000 shares of the business’s stock in a transaction dated Wednesday, November 30th. The shares were purchased at an average price of GBX 68 ($0.84) per share, for a total transaction of £34,000 ($42,178.39).
Hogg Robinson Group plc Company Profile
Hogg Robinson Group plc is a United Kingdom-based holding company. The Company is an international corporate services company, which provides cloud-based software to help clients in travel, expense, payments and data management. It has two core activities: Travel Management, which is analyzed into three geographic segments, including Fraedom Travel, and Technology, which includes the Fraedom Payments and Expense operations.
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