Henderson Group Plc Rating Reiterated by HSBC (HGG)
Henderson Group Plc (LON:HGG)‘s stock had its “underweight” rating restated by equities research analysts at HSBC in a research note issued to investors on Tuesday. They currently have a GBX 222 ($3.81) price objective on the stock. HSBC’s price objective suggests a potential downside of 11.20% from the company’s current price.
A number of other analysts have also recently weighed in on HGG. Analysts at Jefferies Group raised their price target on shares of Henderson Group Plc from GBX 175 ($3.00) to GBX 190 ($3.26) in a research note on Thursday, July 3rd. They now have an “underperform” rating on the stock. Separately, analysts at Numis Securities Ltd upgraded shares of Henderson Group Plc to a “reduce” rating in a research note on Wednesday, July 2nd. They now have a GBX 215 ($3.69) price target on the stock. Finally, analysts at Barclays reiterated an “underweight” rating on shares of Henderson Group Plc in a research note on Tuesday, July 1st. They now have a GBX 210 ($3.60) price target on the stock. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 417.85 ($7.17).
Henderson Group Plc (LON:HGG) opened at 248.30 on Tuesday. Henderson Group Plc has a 52-week low of GBX 157.00 and a 52-week high of GBX 275.40. The stock’s 50-day moving average is GBX 242.1 and its 200-day moving average is GBX 240.4. The company’s market cap is £2.672 billion.
Henderson Group plc is a holding company of the investment management group Henderson Global Investors.
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