J P Morgan Chase & Co reissued their neutral rating on shares of Henderson Group Plc (LON:HGG) in a report published on Friday. The brokerage currently has a GBX 245 ($3.06) price objective on the stock.
A number of other research analysts have also weighed in on HGG. BNP Paribas restated a neutral rating and set a GBX 240 ($3.00) price objective on shares of Henderson Group Plc in a research report on Monday, November 21st. Numis Securities Ltd restated a hold rating and set a GBX 212 ($2.65) price objective on shares of Henderson Group Plc in a research report on Thursday, February 9th. Peel Hunt restated a hold rating and set a GBX 270 ($3.37) price objective on shares of Henderson Group Plc in a research report on Monday, December 5th. Citigroup Inc. restated a neutral rating and set a GBX 230 ($2.87) price objective on shares of Henderson Group Plc in a research report on Tuesday, January 31st. Finally, Royal Bank Of Canada cut their price objective on Henderson Group Plc from GBX 330 ($4.12) to GBX 300 ($3.75) and set an outperform rating for the company in a research report on Thursday, October 20th. Eleven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of GBX 248.23 ($3.10).
Henderson Group Plc (LON:HGG) opened at 220.00 on Friday. Henderson Group Plc has a 52-week low of GBX 192.60 and a 52-week high of GBX 278.80. The company’s market cap is GBX 2.40 billion. The firm’s 50-day moving average price is GBX 230.42 and its 200-day moving average price is GBX 236.40.
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The firm also recently disclosed a dividend, which will be paid on Friday, May 19th. Investors of record on Thursday, May 4th will be paid a GBX 7.30 ($0.09) dividend. This is an increase from Henderson Group Plc’s previous dividend of $3.20. The ex-dividend date of this dividend is Thursday, May 4th. This represents a yield of 3.43%.
In other Henderson Group Plc news, insider Andrew Formica acquired 600,000 shares of Henderson Group Plc stock in a transaction that occurred on Thursday, February 9th. The stock was bought at an average price of GBX 211 ($2.64) per share, with a total value of £1,266,000 ($1,582,104.47). Also, insider Kalpana Desai acquired 20,000 shares of Henderson Group Plc stock in a transaction that occurred on Thursday, December 22nd. The stock was acquired at an average cost of GBX 235 ($2.94) per share, with a total value of £47,000 ($58,735.32). Insiders purchased 620,116 shares of company stock valued at $131,327,280 in the last three months.
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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