Shares of Henderson Group Plc (LON:HGG) have been given a consensus recommendation of “Hold” by the fourteen ratings firms that are currently covering the company. Eleven equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 248 ($3.09).
A number of brokerages recently issued reports on HGG. CM-CIC reissued a “hold” rating and issued a GBX 238 ($2.97) price objective on shares of Henderson Group Plc in a report on Tuesday, October 4th. BNP Paribas restated a “neutral” rating and issued a GBX 240 ($3.00) target price on shares of Henderson Group Plc in a research report on Tuesday, October 4th. Jefferies Group LLC upgraded Henderson Group Plc to a “hold” rating and upped their target price for the stock from GBX 172 ($2.15) to GBX 238 ($2.97) in a research report on Tuesday, October 4th. Barclays PLC restated an “equal weight” rating and issued a GBX 215 ($2.68) target price on shares of Henderson Group Plc in a research report on Tuesday, October 4th. Finally, Citigroup Inc. restated a “neutral” rating on shares of Henderson Group Plc in a research report on Tuesday, October 4th.
In other Henderson Group Plc news, insider Kalpana Desai bought 20,000 shares of the stock in a transaction on Thursday, December 22nd. The shares were purchased at an average cost of GBX 235 ($2.93) per share, with a total value of £47,000 ($58,654.69). Also, insider Andrew Formica sold 483,630 shares of the stock in a transaction on Friday, November 4th. The stock was sold at an average price of GBX 216 ($2.70), for a total transaction of £1,044,640.80 ($1,303,682.52). Insiders have acquired 20,180 shares of company stock worth $4,742,128 over the last three months.
Henderson Group Plc (LON:HGG) traded down 2.15% during trading on Friday, reaching GBX 222.50. The company’s stock had a trading volume of 2,670,148 shares. The firm’s market capitalization is GBX 2.42 billion. The firm has a 50-day moving average price of GBX 235.40 and a 200-day moving average price of GBX 237.04. Henderson Group Plc has a 52 week low of GBX 192.60 and a 52 week high of GBX 278.80.
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.