Goldman Sachs has decided to maintain its Sell rating of Janus Henderson Gr (NYSE:JHG) and lower its price target from $27.00 to $21.00.
Shares of Janus Henderson Gr are trading down 4.19% over the last 24 hours, at $23.77 per share.
A move to $21.00 would account for a 11.65% decrease from the current share price.
About Janus Henderson Gr
Janus Henderson Group provides investment management services to retail intermediary (55% of managed assets), self-directed (22%) and institutional (23%) clients. At the end of March 2022, active equities (61%), fixed-income (21%), multi-asset (15%) and alternative (3%) investment platforms constituted the company's USD 361.0 billion in assets under management. Janus Henderson sources 58% of its managed assets from clients in North America, with customers from Europe, the Middle East, Africa and Latin America (32%) and the Asia-Pacific region (10%) accounting for the remainder. Headquartered in London, JHG is dual-listed on the New York Stock Exchange and the Australian Stock Exchange.
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