Janus Capital Group Inc (JNS) : 7 analysts are covering Janus Capital Group Inc (JNS) and their average rating on the stock is 2.61, which is read as a Hold. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Janus Capital Group Inc (JNS) : The consensus price target for Janus Capital Group Inc (JNS) is $14.33 for the short term with a standard deviation of $1.53. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $16, however, the pessimist price target for the company is $13.
Janus Capital Group Inc (NYSE:JNS): The stock opened at $13.50 on Wednesday but the bulls could not build on the opening and the stock topped out at $13.69 for the day. The stock traded down to $13.40 during the day, due to lack of any buying support eventually closed down at $13.63 with a loss of -0.15% for the day. The stock had closed at $13.65 on the previous day. The total traded volume was 1,478,458 shares.
Also, Major Brokerage house, Wells Fargo downgrades its ratings on Janus Capital Group Inc (NYSE:JNS). According to the latest information available, the shares are now rated Market Perform by the analysts at the agency. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on May 12, 2016. The company shares have dropped -16.72% from its 1 Year high price. On Jul 22, 2015, the shares registered one year high at $17.46 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $14.52 and the 200 Day Moving Average price is recorded at $13.86.
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).