Credit Suisse Reiterates “Neutral” Rating for Henderson Group Plc (HGG)
Henderson Group Plc (LON:HGG)‘s stock had its “neutral” rating reiterated by equities researchers at Credit Suisse in a research report issued on Monday, AmericanBankingNews.com reports. They currently have a GBX 240 ($3.94) price target on the stock. Credit Suisse’s price target suggests a potential upside of 5.91% from the company’s current price.
Henderson Group Plc (LON:HGG) traded up 0.18% during mid-day trading on Monday, hitting GBX 226.60. 615,774 shares of the company’s stock traded hands. Henderson Group Plc has a 52-week low of GBX 138.40 and a 52-week high of GBX 241.00. The stock has a 50-day moving average of GBX 218.9 and a 200-day moving average of GBX 195.9. The company’s market cap is £2.381 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of Henderson Group Plc from GBX 225 ($3.69) to GBX 228 ($3.74) in a research note to investors on Friday, January 10th. They now have a “neutral” rating on the stock. Separately, analysts at HSBC downgraded shares of Henderson Group Plc to an “underweight” rating in a research note to investors on Wednesday, January 8th. Finally, analysts at Barclays raised their price target on shares of Henderson Group Plc from GBX 195 ($3.20) to GBX 205 ($3.37) in a research note to investors on Friday, January 3rd. They now have an “underweight” rating on the stock. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the stock. Henderson Group Plc currently has an average rating of “Hold” and an average target price of GBX 190.64 ($3.13).
Henderson Group plc is a Jersey-based holding company of the investment management group Henderson Global Investors.
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