Henderson Group Plc (LON:HGG) had its price objective reduced by JPMorgan Chase & Co. from GBX 280 ($3.38) to GBX 245 ($2.96) in a report issued on Tuesday morning. They currently have a neutral rating on the stock.
HGG has been the subject of several other reports. Royal Bank Of Canada lowered their price objective on shares of Henderson Group Plc from GBX 330 ($3.98) to GBX 300 ($3.62) and set an outperform rating for the company in a research note on Thursday, October 20th. Peel Hunt reaffirmed a hold rating and set a GBX 270 ($3.26) price objective on shares of Henderson Group Plc in a research note on Monday, October 3rd. Jefferies Group reaffirmed a hold rating and set a GBX 238 ($2.87) price objective on shares of Henderson Group Plc in a research note on Thursday, October 20th. Macquarie reissued a neutral rating and issued a GBX 243 ($2.93) price target on shares of Henderson Group Plc in a research note on Wednesday, October 5th. Finally, Numis Securities Ltd increased their price target on shares of Henderson Group Plc from GBX 225 ($2.71) to GBX 265 ($3.20) and gave the stock a hold rating in a research note on Monday, October 3rd. Ten investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Henderson Group Plc presently has an average rating of Hold and an average price target of GBX 253.92 ($3.06).
Henderson Group Plc (LON:HGG) opened at 239.10 on Tuesday. The firm’s market cap is GBX 2.60 billion. The firm’s 50-day moving average price is GBX 235.49 and its 200-day moving average price is GBX 236.08. Henderson Group Plc has a 1-year low of GBX 192.60 and a 1-year high of GBX 278.80.
In other news, insider Andrew Formica sold 483,630 shares of the stock in a transaction that occurred on Friday, November 4th. The shares were sold at an average price of GBX 216 ($2.61), for a total transaction of £1,044,640.80 ($1,260,273.62). Also, insider Kalpana Desai purchased 20,000 shares of the business’s stock in a transaction dated Thursday, December 22nd. The shares were purchased at an average price of GBX 235 ($2.84) per share, for a total transaction of £47,000 ($56,701.65). In the last quarter, insiders have bought 20,180 shares of company stock worth $4,742,128.
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.