Henderson Group plc Receives “Neutral” Rating from Credit Suisse (HGG)
Henderson Group plc (ASX:HGG)‘s stock had its “neutral” rating reaffirmed by investment analysts at Credit Suisse in a note issued to investors on Monday, Analyst Ratings Net reports.
Shares of Henderson Group plc (ASX:HGG) opened at 4.250 on Monday. Henderson Group plc has a 1-year low of A$2.230 and a 1-year high of A$4.400. The stock’s 50-day moving average is A$3.9 and its 200-day moving average is A$3.41. The company has a market cap of A$4.466 billion and a price-to-earnings ratio of 25.03.
A number of other firms have also recently commented on HGG. Analysts at Morningstar raised their price target on shares of Henderson Group plc from $3.64 to $4.25 in a research note to investors on Tuesday. They now have a “reduce” rating on the stock. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of A$171.32 ($150.28).
Henderson Group plc is a holding company of the investment management group Henderson Global Investors.
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