Janus Henderson Group (JHG) Price Target Lowered to $37.00 at Credit Suisse Group

Janus Henderson Group (NYSE:JHG) had its price objective decreased by equities researchers at Credit Suisse Group from $38.00 to $37.00 in a research note issued to investors on Wednesday. The firm currently has a “neutral” rating on the stock. Credit Suisse Group’s price objective suggests a potential upside of 8.44% from the stock’s previous close.

Several other research analysts have also recently weighed in on JHG. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $41.00 price target on shares of Janus Henderson Group in a report on Tuesday, January 9th. Citigroup cut shares of Janus Henderson Group from a “buy” rating to a “neutral” rating and set a $41.00 price target on the stock. in a report on Thursday, January 25th. Jefferies Group reaffirmed a “hold” rating and issued a $36.00 price target (up previously from $35.00) on shares of Janus Henderson Group in a report on Tuesday, October 10th. Zacks Investment Research raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a report on Friday, January 5th. Finally, Deutsche Bank began coverage on shares of Janus Henderson Group in a report on Tuesday, October 17th. They issued a “hold” rating and a $36.00 price target on the stock. Nine research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Janus Henderson Group presently has an average rating of “Hold” and a consensus price target of $37.30.

Shares of Janus Henderson Group (NYSE JHG) opened at $34.12 on Wednesday. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.08. Janus Henderson Group has a 1-year low of $23.90 and a 1-year high of $41.64. The stock has a market cap of $7,427.05, a price-to-earnings ratio of 9.89, a price-to-earnings-growth ratio of 1.00 and a beta of 1.41.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Tuesday, February 6th. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.07. The business had revenue of $505.30 million for the quarter, compared to analysts’ expectations of $565.83 million. Janus Henderson Group had a net margin of 36.34% and a return on equity of 11.45%. The business’s revenue was up 21.8% compared to the same quarter last year. equities research analysts forecast that Janus Henderson Group will post 2.98 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JHG. Dai Ichi Life Holdings Inc. bought a new position in Janus Henderson Group in the third quarter valued at $598,165,000. Dimensional Fund Advisors LP bought a new position in Janus Henderson Group in the third quarter valued at $163,353,000. Fuller & Thaler Asset Management Inc. bought a new position in Janus Henderson Group in the third quarter valued at $78,811,000. Fisher Asset Management LLC bought a new position in Janus Henderson Group in the third quarter valued at $57,515,000. Finally, Bank of New York Mellon Corp bought a new position in Janus Henderson Group in the third quarter valued at $52,333,000. 47.03% of the stock is currently owned by institutional investors and hedge funds.

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Janus Henderson Group Company Profile

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.

Analyst Recommendations for Janus Henderson Group (NYSE:JHG)

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