Henderson Group Plc (HGG) Rating Reiterated by Barclays PLC
Henderson Group Plc (LON:HGG)‘s stock had its “equal weight” rating reiterated by analysts at Barclays PLC in a research note issued on Tuesday. They currently have a GBX 215 ($2.81) price target on the stock. Barclays PLC’s target price would indicate a potential downside of 14.65% from the company’s current price.
A number of other equities research analysts have also recently issued reports on the company. Jefferies Group cut Henderson Group Plc to an “underperform” rating and dropped their price objective for the stock from GBX 240 ($3.13) to GBX 172 ($2.25) in a research note on Thursday, June 30th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 225 ($2.94) price objective on shares of Henderson Group Plc in a research note on Friday, July 29th. Numis Securities Ltd reiterated a “hold” rating and set a GBX 225 ($2.94) price objective on shares of Henderson Group Plc in a research note on Thursday, July 28th. Peel Hunt reiterated a “hold” rating and set a GBX 270 ($3.52) price objective on shares of Henderson Group Plc in a research note on Monday, October 3rd. Finally, BNP Paribas cut Henderson Group Plc to a “neutral” rating and dropped their price objective for the stock from GBX 270 ($3.52) to GBX 240 ($3.13) in a research note on Tuesday, June 14th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 255.23 ($3.33).
Henderson Group Plc (LON:HGG) traded down 1.2157% during midday trading on Tuesday, reaching GBX 252.2655. 3,495,933 shares of the company’s stock were exchanged. Henderson Group Plc has a 12 month low of GBX 192.60 and a 12 month high of GBX 314.30. The company’s market cap is GBX 2855.25 billion. The company has a 50 day moving average price of GBX 239.98 and a 200 day moving average price of GBX 242.52.
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The business also recently announced a dividend, which was paid on Friday, September 16th. Stockholders of record on Thursday, August 25th were issued a dividend of GBX 3.20 ($0.04) per share. This represents a dividend yield of 1.44%. The ex-dividend date of this dividend was Thursday, August 25th.
Henderson Group Plc Company Profile
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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