CM-CIC Reaffirms Hold Rating for Henderson Group Plc (HGG)
Henderson Group Plc (LON:HGG)‘s stock had its “hold” rating reiterated by CM-CIC in a research report issued on Tuesday. They currently have a GBX 238 ($3.11) price objective on the stock. CM-CIC’s target price suggests a potential downside of 5.52% from the stock’s previous close.
HGG has been the topic of several other research reports. Peel Hunt reiterated a “hold” rating and set a GBX 270 ($3.52) price target on shares of Henderson Group Plc in a research report on Monday, October 3rd. BNP Paribas downgraded shares of Henderson Group Plc to a “neutral” rating and reduced their price target for the stock from GBX 270 ($3.52) to GBX 240 ($3.13) in a research report on Tuesday, June 14th. Numis Securities Ltd upped their price target on shares of Henderson Group Plc from GBX 225 ($2.94) to GBX 265 ($3.46) and gave the stock a “hold” rating in a research report on Monday, October 3rd. JPMorgan Chase & Co. upped their price target on shares of Henderson Group Plc from GBX 225 ($2.94) to GBX 245 ($3.20) and gave the stock a “neutral” rating in a research report on Tuesday, September 13th. Finally, Barclays PLC downgraded shares of Henderson Group Plc to an “equal weight” rating and reduced their price target for the stock from GBX 300 ($3.92) to GBX 210 ($2.74) in a research report on Thursday, June 30th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 255.23 ($3.33).
Henderson Group Plc (LON:HGG) traded down 1.2157% on Tuesday, hitting GBX 252.2655. 3,495,933 shares of the stock traded hands. Henderson Group Plc has a 12-month low of GBX 192.60 and a 12-month high of GBX 314.30. The stock’s market capitalization is GBX 2855.25 billion. The company’s 50 day moving average price is GBX 239.98 and its 200-day moving average price is GBX 242.52.
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The firm also recently announced a dividend, which was paid on Friday, September 16th. Investors of record on Thursday, August 25th were paid a dividend of GBX 3.20 ($0.04) per share. The ex-dividend date was Thursday, August 25th. This represents a yield of 1.44%.
About Henderson Group Plc
Henderson Group plc is an independent global asset manager, specializing in active investment. The Company is a client-focused global business with assets under management. The Company’s segments include UK, Americas, Australia and Other. It manages a range of actively managed investment products for institutional and retail investors, across over five capabilities, which include European equities, global equities, global fixed income, multi-asset and alternatives, including private equity and property.
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