Janus Capital Group, Inc (JHG) Given Average Recommendation of “Hold” by Analysts
Janus Capital Group, Inc (NYSE:JHG) has been given a consensus rating of “Hold” by the eleven research firms that are covering the stock, Marketbeat.com reports. Nine investment analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $35.73.
Several research firms have commented on JHG. Citigroup Inc. restated a “neutral” rating and issued a $37.00 target price (up previously from $34.50) on shares of Janus Capital Group in a research note on Thursday, August 10th. Bank of America Corporation upped their price objective on Janus Capital Group from $34.00 to $38.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 9th. Zacks Investment Research cut Janus Capital Group from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $37.00 price objective on shares of Janus Capital Group in a research note on Thursday. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $36.00 price objective (up previously from $35.00) on shares of Janus Capital Group in a research note on Tuesday.
Shares of Janus Capital Group (NYSE JHG) opened at 34.94 on Thursday. Janus Capital Group has a 52-week low of $2.63 and a 52-week high of $36.25. The stock has a 50 day moving average of $34.24 and a 200-day moving average of $33.49. The stock has a market capitalization of $6.86 billion, a price-to-earnings ratio of 32.68 and a beta of 1.52.
Janus Capital Group (NYSE:JHG) last released its quarterly earnings data on Tuesday, August 8th. The company reported $0.68 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.13. The business had revenue of $384.80 million for the quarter, compared to analysts’ expectations of $394.97 million. Janus Capital Group had a return on equity of 10.90% and a net margin of 12.41%. Janus Capital Group’s revenue for the quarter was up 49.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.21 EPS. On average, equities research analysts predict that Janus Capital Group will post $2.41 EPS for the current fiscal year.
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Janus Capital 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.
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