November 29, 2016 - By Adrian Mccoy
Hogg Robinson Group (LON:HRG) had its stock rating noted as Buy by analysts at Canaccord Genuity. Canaccord Genuity currently has a GBX 100.00 price target on the 220.04M GBP market cap company or 50.94% upside potential. This was disclosed in a note on 29 November.
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 31.34% above today’s (GBX 67) stock price. Hogg Robinson Group has been the topic of 10 analyst reports since September 7, 2015 according to StockzIntelligence Inc. The rating was maintained by Panmure Gordon with “Buy” on Tuesday, May 24. Peel Hunt maintained the stock with “Buy” rating in Tuesday, May 24 report. The rating was maintained by Peel Hunt on Tuesday, February 16 with “Buy”. The firm has “Buy” rating by Investec given on Wednesday, November 25. As per Monday, September 7, the company rating was maintained by Panmure Gordon. The rating was maintained by Peel Hunt on Tuesday, November 29 with “Buy”. Panmure Gordon maintained the stock with “Buy” rating in Tuesday, February 16 report. Canaccord Genuity maintained it with “Buy” rating and GBX 100 target price in Wednesday, November 25 report. The stock of Hogg Robinson Group plc (LON:HRG) earned “Buy” rating by Panmure Gordon on Wednesday, November 25. The rating was maintained by Peel Hunt on Wednesday, November 25 with “Buy”.
The stock closed at GBX 67 during the last session. It is up 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 220.04 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 11.9 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.
More news for Hogg Robinson Group plc (LON:HRG) were recently published by: Fool.Co.Uk, which released: “Should You Buy AstraZeneca plc, Mondi Plc & Hogg Robinson Group plc Today?” on February 16, 2016. Reuters.com‘s article titled: “UK Stocks-Factors to watch on Nov. 29” and published on November 29, 2016 is yet another important article.
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By Adrian Mccoy