November 29, 2016 - By Clifton Ray
In a research note issued to investors and clients on 29 November, Hogg Robinson Group PLC (LON:HRG) stock “Buy” was reconfirmed at Peel Hunt. They currently have a GBX 81.00 target on the stock. Peel Hunt’s target indicates a potential upside of 21.80% from the company’s last price.
Out of 4 analysts covering Hogg Robinson Group (LON:HRG), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 100 is the highest target while GBX 81 is the lowest. The GBX 88 average target is 29.41% above today’s (GBX 68) stock price. Hogg Robinson Group has been the topic of 10 analyst reports since September 7, 2015 according to StockzIntelligence Inc. On Wednesday, November 25 the stock rating was maintained by Investec with “Buy”. The firm earned “Buy” rating on Wednesday, November 25 by Canaccord Genuity. Peel Hunt maintained Hogg Robinson Group plc (LON:HRG) on Tuesday, May 24 with “Buy” rating. Peel Hunt maintained it with “Buy” rating and GBX 81 target price in Wednesday, November 25 report. The stock of Hogg Robinson Group plc (LON:HRG) has “Buy” rating given on Tuesday, February 16 by Panmure Gordon. The rating was maintained by Peel Hunt on Tuesday, November 29 with “Buy”. The firm earned “Buy” rating on Monday, September 7 by Panmure Gordon. The stock of Hogg Robinson Group plc (LON:HRG) has “Buy” rating given on Tuesday, May 24 by Panmure Gordon. Peel Hunt maintained Hogg Robinson Group plc (LON:HRG) rating on Tuesday, February 16. Peel Hunt has “Buy” rating and GBX 81 price target. The firm has “Buy” rating given on Wednesday, November 25 by Panmure Gordon.
About 19,848 shares traded hands. Hogg Robinson Group plc (LON:HRG) has declined 2.19% since April 29, 2016 and is downtrending. It has underperformed by 7.45% the S&P500.
Hogg Robinson Group plc is a United Kingdom holding company. The company has a market cap of 223.33 million GBP. The Firm is an international corporate services company, which provides cloud software to help clients in travel, expense, payments and data management. It has a 12.07 P/E ratio. It has two core activities: Travel Management, which is analyzed into three geographic divisions, including Fraedom Travel, and Technology, which includes the Fraedom Payments and Expense operations.
According to Zacks Investment Research, “HRG Group, Inc. is a diversified holding company. Its operations are conducted through companies which offer branded consumer products as well as life insurance and annuity products. Branded Consumer Product consists of consumer batteries, residential locksets, residential builders’ hardware, faucets, shaving and grooming products, personal care products, small household appliances, specialty pet supplies, lawn, garden and home pest control products, personal insect repellents. Life insurance and annuity products include asset-backed loans and own energy assets. HRG Group, Inc., formerly known as Harbinger Group Inc., is headquartered in New York.”
HRG Group, Inc., formerly Harbinger Group Inc., incorporated on November 3, 2009, is a holding firm focused on owning businesses. The Company, through its subsidiaries, offers life insurance and annuity products; reinsurance services; financing and asset management services; branded consumer products and related businesses, and owns and operates oil and natural gas properties. The Firm operates through four divisions: Consumer Products, Insurance, Energy and Asset Management. The Company’s subsidiaries include Spectrum Brands Holdings, Inc. (Spectrum Brands), Fidelity & Guaranty Life (FGL), Front Street Re (Delaware) Ltd. (Front Street), HGI Asset Management Holdings, LLC (HAMCO) and Compass Production GP, LLC (Compass). The Company, through HAMCO, holds interests in the asset managers, including Salus Capital Partners, LLC (Salus), Energy & Infrastructure Capital, LLC (EIC) and CorAmerica Capital, LLC (CorAmerica). The Consumer Products segment consists of Spectrum Brands. The Insurance segment includes FGL and Front Street. The Energy segment includes Compass. The Asset Management segment includes Salus, EIC and CorAmerica.
Another recent and important Hogg Robinson Group plc (LON:HRG) news was published by Fool.Co.Uk which published an article titled: “Should You Buy AstraZeneca plc, Mondi Plc & Hogg Robinson Group plc Today?” on February 16, 2016.
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By Clifton Ray