Henderson Group Plc Receives Sell Rating from Numis Securities Ltd (HGG)
Henderson Group Plc (LON:HGG)‘s stock had its “sell” rating restated by stock analysts at Numis Securities Ltd in a report issued on Thursday, StockRatingsNetwork reports. They currently have a GBX 210 ($3.53) price objective on the stock. Numis Securities Ltd’s price objective would indicate a potential downside of 14.98% from the company’s current price.
Shares of Henderson Group Plc (LON:HGG) opened at 250.30 on Thursday. Henderson Group Plc has a 52 week low of GBX 138.40 and a 52 week high of GBX 275.40. The stock’s 50-day moving average is GBX 251.1 and its 200-day moving average is GBX 227.9. The company’s market cap is £2.693 billion.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of Henderson Group Plc from GBX 239 ($4.01) to GBX 245 ($4.11) in a research note on Friday, April 4th. They now have a “neutral” rating on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Henderson Group Plc in a research note on Tuesday, April 1st. They now have a GBX 280 ($4.70) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Henderson Group Plc in a research note on Wednesday, March 26th. They now have a GBX 250 ($4.20) price target on the stock. Five equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the stock. Henderson Group Plc has an average rating of “Hold” and an average target price of GBX 216 ($3.63).
Henderson Group plc is a holding company of the investment management group Henderson Global Investors.
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