BUZZ-Janus Henderson rises after UBS upgrades to 'buy'

Reuters
02-25
BUZZ-Janus Henderson rises after UBS upgrades to 'buy'

** Shares of asset manager Janus Henderson JHG.N rise 2.3% to $42.81

** UBS upgrades JHG to "buy" from "neutral"; raises PT to $50 from $45, a 19.4% upside to stock's last close

** Brokerage says early signs of business improvement have begun to manifest in key performance indicators such as an inflection in net flows and expanding operating margins

** Adds that JHG is on a unique growth path due to its differentiated product offerings and strength in the retail channel despite broader industry headwinds

** UBS expects JHG's fixed income inflows to accelerate into 2025 and 2026 given its scale and enhanced overseas distribution

** Two of 10 brokerages rate the stock "buy" and eight "hold"; their median PT is $47, according to data compiled by LSEG

** As of last close, JHG stock down 1.6% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10