Michael Cyprys, an analyst from Morgan Stanley, maintained the Hold rating on Janus Henderson Group (JHG – Research Report). The associated price target was raised to $47.00.
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Michael Cyprys has given his Hold rating due to a combination of factors impacting Janus Henderson Group. While the company’s adjusted earnings per share for the first quarter of 2025 saw an increase due to higher performance fees, the overall earnings projections for 2025 and 2026 have been slightly reduced. This reduction is attributed to anticipated softer revenues driven by a decrease in assets under management, which is only partially offset by lower expenses.
Moreover, the price target for Janus Henderson Group has been adjusted slightly upward, reflecting a moderate potential upside of 4% from the current share price. This suggests a balanced risk-reward profile, which aligns with the Hold rating. The recommendation takes into account the broader market conditions and the company’s current valuation relative to its earnings potential.
In another report released on February 3, Wells Fargo also assigned a Hold rating to the stock with a $46.00 price target.