Berenberg Bank Increases Henderson Group Plc Price Target to GBX 210 (HGG)
Stock analysts at Berenberg Bank raised their target price on shares of Henderson Group Plc (LON:HGG) from GBX 165 ($2.72) to GBX 210 ($3.46) in a report issued on Friday, Analyst Ratings News reports. The firm currently has a “hold” rating on the stock. Berenberg Bank’s price objective would indicate a potential downside of 4.55% from the company’s current price.
HGG has been the subject of a number of other recent research reports. Analysts at Macquarie reiterated an “outperform” rating on shares of Henderson Group Plc in a research note to investors on Thursday, January 23rd. They now have a GBX 242 ($3.99) price target on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Henderson Group Plc from GBX 205 ($3.38) to GBX 226 ($3.72) in a research note to investors on Thursday, January 23rd. They now have a “neutral” rating on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Henderson Group Plc in a research note to investors on Monday, January 20th. They now have a GBX 240 ($3.95) price target on the stock. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the stock. Henderson Group Plc currently has an average rating of “Hold” and an average price target of GBX 196.71 ($3.24).
Henderson Group Plc (LON:HGG) traded down 2.14% on Friday, hitting GBX 220.00. 1,396,180 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’s 50-day moving average is GBX 223.4 and its 200-day moving average is GBX 200.2. The company’s market cap is £2.312 billion.
Henderson Group plc is a Jersey-based holding company of the investment management group Henderson Global Investors.
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