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BofA Securities upgrades Janus Henderson Group plc (JHG) rating to a Buy

In a filing, Janus Henderson Group plc revealed its CAO & GENERAL COUNSEL ROSENBERG MICHELLE unloaded Company’s shares for reported $0.26 million on Nov 04 ’24. In the deal valued at $41.63 per share,6,314 shares were sold. As a result of this transaction, ROSENBERG MICHELLE now holds 82,799 shares worth roughly $3.17 million.

Then, ROSENBERG MICHELLE bought 6,314 shares, generating $262,853 in total proceeds.

Before that, THOMPSON ROGER MJ sold 9,000 shares. Janus Henderson Group plc shares valued at $320,403 were divested by the CHIEF FINANCIAL OFFICER at a price of $35.60 per share. As a result of the transaction, THOMPSON ROGER MJ now holds 130,171 shares, worth roughly $4.99 million.

BofA Securities upgraded its Janus Henderson Group plc [JHG] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in late February from “a Neutral” to “a Buy”. JP Morgan also remained covering JHG and has increased its forecast on February 05, 2025 with a “an Overweight” recommendation from previously “Neutral” rating. Goldman revised its rating on January 06, 2025. It rated JHG as “a Neutral” which previously was an “a Sell”.

Price Performance Review of JHG

On Monday, Janus Henderson Group plc [NYSE:JHG] saw its stock jump 5.36% to $38.31. Over the last five days, the stock has gained 8.80%. Janus Henderson Group plc shares have fallen nearly -9.92% since the year began. Nevertheless, the stocks have risen 16.44% over the past one year. While a 52-week high of $46.68 was reached on 02/06/25, a 52-week low of $28.26 was recorded on 04/07/25. SMA at 50 days reached $35.00, while 200 days put it at $39.30.

Levels Of Support And Resistance For JHG Stock

The 24-hour chart illustrates a support level at 37.87, which if violated will result in even more drops to 37.42. On the upside, there is a resistance level at 38.68. A further resistance level may holdings at 39.04. The Relative Strength Index (RSI) on the 14-day chart is 67.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.43, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.14%. Stochastics %K at 92.83% indicates the stock is a selling.

The most recent change occurred on September 12, 2024 when Wells Fargo began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $37 price target.

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