Henderson Group Plc Price Target Increased to GBX 228 by Analysts at JPMorgan Chase & Co. (HGG)
Equities research analysts at JPMorgan Chase & Co. raised their price objective on shares of Henderson Group Plc (LON:HGG) from GBX 225 ($3.69) to GBX 228 ($3.74) in a research note issued to investors on Friday, AmericanBankingNews.com reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target suggests a potential downside of 4.36% from the company’s current price.
Henderson Group Plc (LON:HGG) opened at 238.40 on Friday. Henderson Group Plc has a 52-week low of GBX 138.40 and a 52-week high of GBX 241.06. The stock has a 50-day moving average of GBX 217.1 and a 200-day moving average of GBX 193.0. The company’s market cap is £2.505 billion.
A number of other firms have also recently commented on HGG. Analysts at HSBC downgraded shares of Henderson Group Plc to an “underweight” rating in a research note to investors on Wednesday. Separately, analysts at Barclays raised their price target on shares of Henderson Group Plc from GBX 195 ($3.20) to GBX 205 ($3.36) in a research note to investors on Friday, January 3rd. They now have an “underweight” rating on the stock. Finally, analysts at RBC Capital reiterated a “neutral” rating on shares of Henderson Group Plc in a research note to investors on Tuesday, December 3rd. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 185.88 ($3.05).
Henderson Group plc is a Jersey-based holding company of the investment management group Henderson Global Investors.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.