Henderson Group plc Given New $4.25 Price Target at Morningstar (HGG)
Analysts at Morningstar hoisted their price target on shares of Henderson Group plc (ASX:HGG) from $3.64 to $4.25 in a research report issued to clients and investors on Monday, AnalystRatingsNetwork reports. The firm currently has a “reduce” rating on the stock.
Henderson Group plc (ASX:HGG) opened at 4.200 on Monday. Henderson Group plc has a one year low of A$2.230 and a one year high of A$4.400. The stock has a 50-day moving average of A$3.96 and a 200-day moving average of A$3.37. The company has a market cap of A$4.413 billion and a P/E ratio of 25.03.
HGG has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated a “sector performer” rating on shares of Henderson Group plc in a research note to investors on Tuesday, December 3rd. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Henderson Group plc from A$198.00 ($178.38) to A$225.00 ($202.70) in a research note to investors on Friday, November 1st. They now have a “neutral” rating on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of Henderson Group plc from A$181.00 ($163.06) to A$205.00 ($184.68) in a research note to investors on Friday, November 1st. They now have a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of A$171.32 ($154.34).
Henderson Group plc is a holding company of the investment management group Henderson Global Investors.
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