Henderson Group Plc (HGG) Receives Average Recommendation of “Hold” from Brokerages
Henderson Group Plc (LON:HGG) has been given a consensus recommendation of “Hold” by the thirteen analysts that are presently covering the firm. Ten research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 248.27 ($3.20).
A number of research firms have issued reports on HGG. Barclays PLC reissued an “equal weight” rating and set a GBX 230 ($2.97) price target on shares of Henderson Group Plc in a research report on Friday, February 10th. Numis Securities Ltd reissued a “hold” rating and set a GBX 212 ($2.74) price target on shares of Henderson Group Plc in a research report on Thursday, February 9th. BNP Paribas reissued a “neutral” rating and set a GBX 230 ($2.97) price target on shares of Henderson Group Plc in a research report on Tuesday, March 28th. Citigroup Inc reissued a “neutral” rating and set a GBX 230 ($2.97) price target on shares of Henderson Group Plc in a research report on Tuesday, January 31st. Finally, Jefferies Group LLC reissued a “hold” rating and set a GBX 238 ($3.07) price target on shares of Henderson Group Plc in a research report on Wednesday, February 1st.
In related news, insider Philip Wagstaff sold 292,036 shares of the business’s stock in a transaction dated Monday, March 6th. The stock was sold at an average price of GBX 225 ($2.90), for a total value of £657,081 ($848,174.78). In the last quarter, insiders purchased 196 shares of company stock worth $44,856.
Henderson Group Plc (LON:HGG) opened at 235.50 on Monday. Henderson Group Plc has a 1-year low of GBX 192.60 and a 1-year high of GBX 278.80. The firm’s market cap is GBX 2.57 billion. The company’s 50-day moving average price is GBX 232.25 and its 200 day moving average price is GBX 230.63.
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About Henderson Group Plc
Henderson Group plc is an independent asset manager, specializing in active investment. The Company is a client-focused global business with assets under management. It manages a range of actively managed investment products for institutional and retail investors, across five capabilities, which include European equities, global equities, global fixed income, multi-asset and alternatives, including private equity and property.
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