Henderson Group PLC (LON:HGG) Rating Reaffirmed
In a very recent research note finalized this morning, Numis kept steady their Reduce rating on Henderson Group PLC (LON:HGG) shares. The Estimated Target Price may suggest a possible downside of -15.69% from firm’s close price.
From a total of 14 analysts covering Henderson Group PLC (LON:HGG) stock, 8 rate it a ”Buy”, 1 a “Sell”, and 5 a ”Hold”. This means that 57% of the ratings are positive. The highest target price is GBX 330 while the lowest target price is GBX 230. The mean of all analyst targets is GBX 299.17 with a -1.85% below today’s (GBX 304.8) stock price. Henderson Group PLC was the topic of 31 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. Numis Securities maintained shares on November 27 with “Reduce” rating. RBC Capital Markets maintained shares with “Sector Perform” rating and GBX 290 target share price in a report from a November 9. BNP Paribas maintained HGG stock in a recent report from November 19 with “Outperform” rating. J.P. Morgan maintained the rating on November 4. J.P. Morgan has a “Overweight” rating and a GBX 305 price target on shares. Finally, Jefferies maintained the stock with “Hold” rating in a report issued on a November 10.
The stock decreased 0.46% or GBX 1.4 on November 27, striking GBX 304.8. Approximately 1.99 million shares of stock traded hands. Henderson Group Plc (LON:HGG) has risen 8.74% since May 1, 2015 and is uptrending. It has outperformed by 9.63% the S&P500.
Henderson Group is a holding company of the investment management group Henderson Global Investors. The company has a market cap of 3.45 billion GBP. The Firm offers asset management services. It has 21.2 P/E ratio. The firm provides its institutional, retail and other clients access to investment professionals representing a range of asset classes, including equities, fixed income, property and alternative investments.
According to Zacks Investment Research, “hhgregg, Inc. is a leading specialty retailer of premium video products, appliances, audio products and accessories. hhgregg currently operates seventy nine stores in Alabama, Georgia, Indiana, Kentucky, North Carolina, Ohio, South Carolina and Tennessee.” Get a free copy of the Zacks research report on Henderson Group Plc (HGG)