Henderson Group plc Receives “Hold” Rating from Numis Securities Ltd (HGG)
Henderson Group plc (ASX:HGG)‘s stock had its “hold” rating restated by research analysts at Numis Securities Ltd in a report released on Wednesday, American Banking News reports. They currently have a A$178.00 ($166.36) price objective on the stock.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated a “sector performer” rating on shares of Henderson Group plc (ASX:HGG) in a research note to investors on Tuesday, September 24th. Separately, analysts at Canaccord Genuity upgraded shares of Henderson Group plc (ASX:HGG) to a “buy” rating in a research note to investors on Tuesday, September 17th. They now have a A$220.00 ($205.61) price target on the stock, up previously from A$161.00 ($150.47). Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of A$183.60 ($171.59).
Henderson Group plc (ASX:HGG) traded up 1.87% during mid-day trading on Wednesday, hitting A$3.270. The stock had a trading volume of 700,000 shares. Henderson Group plc has a 1-year low of A$1.660 and a 1-year high of A$3.340. The stock’s 50-day moving average is A$3.09 and its 200-day moving average is A$2.70. The company has a market cap of A$3.436 billion and a price-to-earnings ratio of 18.99.
Henderson Group plc is a holding company of the investment management group Henderson Global Investors.
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