Analyst Rating Update on Janus Capital Group Inc (JNS)

Janus Capital Group Inc (NYSE:JNS) : 2 brokerage houses believe that Janus Capital Group Inc (NYSE:JNS) is a Strong Buy at current levels. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Janus Capital Group Inc (NYSE:JNS). Zacks Investment Research suggests a Sell with a rank of 4. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 7 Wall Street Analysts endorse the stock as a Hold with a rating of 2.61.

Janus Capital Group Inc (NYSE:JNS) : Currently there are 3 street experts covering Janus Capital Group Inc (NYSE:JNS) stock. The most bullish and bearish price target for the stock is $16 and $13 respectively for the short term. The average price target of all the analysts comes to $15. The estimated standard deviation from the target is $1.73.

Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, Wells Fargo downgrades its rating on Janus Capital Group Inc (NYSE:JNS).The analysts at the brokerage house have a current rating of Market Perform on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on May 12, 2016.

Janus Capital Group Inc (NYSE:JNS): stock turned positive on Tuesday. Though the stock opened at $13.41, the bulls momentum made the stock top out at $13.44 level for the day. The stock recorded a low of $12.99 and closed the trading day at $13.25, in the green by 0.84%. The total traded volume for the day was 1,755,309. The stock had closed at $13.14 in the previous days trading.

In an insider trading activity, Mcpeek Jennifer J, officer (EVP, Chief Financial Officer) of Janus Capital Group Inc, unloaded 5,000 shares at an average price of $14.52 on June 15, 2016. The total amount of the transaction was worth $72,600, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Janus Capital Group Inc. provides investment management, administration, distribution and related services to financial advisors, individuals and institutional clients through mutual funds, other pooled investment vehicles, separate accounts and subadvised relationships (collectively referred to as investment products) in both domestic and international markets. The Company provides investment management solutions across a range of disciplines, including fundamental United States and global equities (growth and value), mathematical equities, fixed income and alternatives through its subsidiaries, Janus Capital Management LLC (Janus), VelocityShares, LLC, INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins).

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