Henderson Group Plc (HGG) Rating Reiterated by Citigroup Inc.
Henderson Group Plc (LON:HGG)‘s stock had its “neutral” rating reissued by research analysts at Citigroup Inc. in a research note issued on Tuesday.
Other equities research analysts have also issued research reports about the company. Jefferies Group lowered Henderson Group Plc to an “underperform” rating and dropped their price target for the stock from GBX 240 ($3.13) to GBX 172 ($2.25) in a research note on Thursday, June 30th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 225 ($2.94) price target on shares of Henderson Group Plc in a research note on Friday, July 29th. Barclays PLC reaffirmed an “equal weight” rating on shares of Henderson Group Plc in a research note on Friday, July 29th. CM-CIC reissued a “hold” rating and issued a GBX 238 ($3.11) target price on shares of Henderson Group Plc in a research note on Tuesday, October 4th. Finally, Numis Securities Ltd reissued a “hold” rating and issued a GBX 225 ($2.94) target price on shares of Henderson Group Plc in a research note on Thursday, July 28th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 255.23 ($3.33).
Shares of Henderson Group Plc (LON:HGG) traded down 1.22% on Tuesday, reaching GBX 251.90. The company’s stock had a trading volume of 3,495,933 shares. 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 2.74 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 company also recently announced a dividend, which was paid on Friday, September 16th. Shareholders of record on Thursday, August 25th were issued a dividend of GBX 3.20 ($0.04) per share. The ex-dividend date was Thursday, August 25th. This represents a dividend 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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