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Stock analysts at JPMorgan Chase & Co. raised their price objective on shares of Janus Capital Group (NYSE:JNS) from $10.00 to $10.50 in a report issued on Tuesday. The firm currently has an “underweight” rating on the stock. JPMorgan Chase & Co.’s price objective indicates a potential downside of 16.13% from the company’s current price.

A number of other analysts have also recently weighed in on JNS. Analysts at Zacks reiterated a “neutral” rating on shares of Janus Capital Group in a research note on Monday, June 9th. They now have a $13.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “sell” rating on shares of Janus Capital Group in a research note on Wednesday, April 23rd. They now have a $9.00 price target on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Janus Capital Group from $11.25 to $12.75 in a research note on Wednesday, April 23rd. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Janus Capital Group presently has an average rating of “Hold” and a consensus price target of $10.44.

Janus Capital Group (NYSE:JNS) traded up 0.32% on Tuesday, hitting $12.52. 3,507,703 shares of the company’s stock traded hands. Janus Capital Group has a 52-week low of $8.26 and a 52-week high of $13.10. The stock has a 50-day moving average of $11.99 and a 200-day moving average of $11.57. The company has a market cap of $2.307 billion and a price-to-earnings ratio of 19.81.

Janus Capital Group (NYSE:JNS) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported $0.16 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.16. The company had revenue of $230.20 million for the quarter, compared to the consensus estimate of $226.70 million. During the same quarter last year, the company posted $0.15 earnings per share. Janus Capital Group’s revenue was up 7.5% compared to the same quarter last year. On average, analysts predict that Janus Capital Group will post $0.77 earnings per share for the current fiscal year.

Janus Capital Group Inc, and its subsidiaries (NYSE:JNS) provide investment management, administration, distribution and related services to financial advisors, individuals and institutional clients through mutual funds, other pooled investment vehicles, separate accounts and sub advised relationships (collectively referred to as investment products) in both domestic and international markets.

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