Breaking Finance News

Janus Capital Group Inc (NYSE:JNS) has been downgraded to Hold in a report by Jefferies Group today.

Jefferies Group has downgraded Janus Capital Group Inc (NYSE:JNS) to Hold in a report released on 10/4/2016.

Yesterday Janus Capital Group Inc (NYSE:JNS) traded 12.06% higher at $15.70. The company’s 50-day moving average is $14.40 and its 200-day moving average is $14.55. The last closing price is up 7.90% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 17,564,045 shares of the stock traded hands, up from an average trading volume of 1,682,640

See Chart Below

Janus Capital Group Inc (NYSE:JNS)

Janus Capital Group Inc has a 52 week low of $11.07 and a 52 week high of $16.62 with a P/E ratio of 21.57 The company’s market cap is currently $0.

In addition to Jefferies Group reporting its stock price target, a total of 10 brokers have issued a research note on the company. The average stock price target is $15.50 with 2 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 7 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Janus Capital Group Inc (NYSE:JNS)

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *