Henderson Group Plc Given Consensus Recommendation of “Hold” by Analysts (LON:HGG)
Henderson Group Plc (LON:HGG) has earned an average rating of “Hold” from the fifteen ratings firms that are currently covering the stock, StockRatingsNetwork.com reports. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 417.85 ($7.17).
A number of research firms have recently commented on HGG. Analysts at HSBC reiterated an “underweight” rating on shares of Henderson Group Plc in a research note on Tuesday, July 8th. They now have a GBX 222 ($3.81) price target on the stock. Separately, 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. Finally, 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.
Henderson Group Plc (LON:HGG) opened at 243.10 on Wednesday. Henderson Group Plc has a 52-week low of GBX 163.00 and a 52-week high of GBX 275.40. The stock has a 50-day moving average of GBX 243.2 and a 200-day moving average of GBX 240.9. The company’s market cap is £2.616 billion.
Henderson Group plc is a holding company of the investment management group Henderson Global Investors.
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