Henderson Group Plc (HGG) Upgraded at Jefferies Group
Henderson Group Plc (LON:HGG) was upgraded by Jefferies Group to a “hold” rating in a note issued to investors on Tuesday. The brokerage presently has a GBX 238 ($3.11) price objective on the stock, up from their prior price objective of GBX 172 ($2.25). Jefferies Group’s target price points to a potential downside of 5.52% from the stock’s current price.
Several other equities analysts have also recently issued reports on HGG. BNP Paribas restated a “neutral” rating and issued a GBX 205 ($2.68) price target on shares of Henderson Group Plc in a research report on Friday, July 29th. Numis Securities Ltd restated a “hold” rating and issued a GBX 225 ($2.94) price target on shares of Henderson Group Plc in a research report on Friday, September 2nd. 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 company a “neutral” rating in a research report on Tuesday, September 13th. Finally, Barclays PLC upped their price target on shares of Henderson Group Plc from GBX 210 ($2.74) to GBX 215 ($2.81) and gave the company an “equal weight” rating in a research report on Thursday, July 21st. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 255.23 ($3.33).
Shares of Henderson Group Plc (LON:HGG) traded down 1.2157% during midday trading on Tuesday, hitting GBX 252.2655. 3,495,933 shares of the company were exchanged. Henderson Group Plc has a one year low of GBX 192.60 and a one year high of GBX 314.30. The firm’s market capitalization is GBX 2855.25 billion. The firm’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 business 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. This represents a yield of 1.44%. The ex-dividend date was Thursday, August 25th.
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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