Citigroup Inc. Increases Henderson Group Plc Price Target to GBX 226 (HGG)
Analysts at Citigroup Inc. upped their price target on shares of Henderson Group Plc (LON:HGG) from GBX 205 ($3.37) to GBX 226 ($3.71) in a research report issued to clients and investors on Thursday, AR Network reports. The firm currently has a “neutral” rating on the stock. Citigroup Inc.’s price target indicates a potential downside of 0.09% from the stock’s previous close.
Shares of Henderson Group Plc (LON:HGG) traded down 1.22% during mid-day trading on Thursday, hitting GBX 225.80. 555,991 shares of the company’s stock traded hands. Henderson Group Plc has a one year low of GBX 138.40 and a one year high of GBX 241.00. The stock has a 50-day moving average of GBX 220.7 and a 200-day moving average of GBX 198.3. The company’s market cap is £2.373 billion.
A number of other firms have also recently commented on HGG. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Henderson Group Plc in a research note to investors on Monday. They now have a GBX 240 ($3.94) price target on the stock. Separately, 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. Finally, analysts at HSBC downgraded shares of Henderson Group Plc to an “underweight” rating in a research note to investors on Wednesday, January 8th. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. Henderson Group Plc has a consensus rating of “Hold” and an average price target of GBX 193.49 ($3.18).
Henderson Group plc is a Jersey-based holding company of the investment management group Henderson Global Investors.
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