JPMorgan Chase & Co. Increases Henderson Group plc Price Target to A$225.00 (HGG)
Equities researchers at JPMorgan Chase & Co. hoisted their price target on shares of Henderson Group plc (ASX:HGG) from A$198.00 ($190.38) to A$225.00 ($216.35) in a research report issued on Friday, AmericanBankingNews.com reports. The firm currently has a “neutral” rating on the stock.
Shares of Henderson Group plc (ASX:HGG) traded up 2.54% during mid-day trading on Friday, hitting A$3.640. The stock had a trading volume of 2,709,424 shares. Henderson Group plc has a 52-week low of A$1.660 and a 52-week high of A$3.700. The stock has a 50-day moving average of A$3.33 and a 200-day moving average of A$2.86. The company has a market cap of A$3.825 billion and a P/E ratio of 21.01.
A number of other firms have also recently commented on HGG. Analysts at Citigroup Inc. raised their price target on shares of Henderson Group plc from A$181.00 ($174.04) to A$205.00 ($197.12) in a research note to investors on Friday. They now have a “neutral” rating on the stock. Separately, analysts at RBC Capital reiterated a “sector performer” rating on shares of Henderson Group plc in a research note to investors on Thursday. Finally, analysts at Numis Securities Ltd raised their price target on shares of Henderson Group plc from A$178.00 ($171.15) to A$197.00 ($189.42) in a research note to investors on Thursday. They now have a “hold” rating on the stock. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of A$199.17 ($191.51).
Henderson Group plc is a holding company of the investment management group Henderson Global Investors.
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