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KBW upgrades Janus Henderson Group (JHG) to a Hold
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KBW upgrades Janus Henderson Group (JHG) to a Hold

Janus Henderson Group (JHGResearch Report) received a Hold rating and a $26.00 price target from KBW analyst Michael Brown yesterday. The company’s shares closed yesterday at $24.16.

According to TipRanks, Brown is a 4-star analyst with an average return of 10.7% and a 55.56% success rate. Brown covers the Financial sector, focusing on stocks such as WisdomTree, Apollo Global Management, and Bank of New York Mellon Corporation.

Currently, the analyst consensus on Janus Henderson Group is a Hold with an average price target of $26.34.

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Based on Janus Henderson Group’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $423.5 million and a net profit of $89.8 million. In comparison, last year the company earned a revenue of $512.9 million and had a net profit of $107.6 million

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Janus Henderson Group (JHG) Company Description:

Janus Henderson Group Plc is a holding company, which engages in the provision of asset management services. It offers investment solutions including equities, quantitative equities, fixed income, multi-asset and alternative asset class strategies. The company was founded on May 30, 2017 is headquartered in London, the United Kingdom.

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