UK based JHG has performed strongly since the pandemic started back in Q1 of 2020 and they’re current mantra of “focusing on preserving investor capital” is probably sitting nicely with many investors. The stock feels good value after its 16.6% correction and a forecasted yield around 3.5% is some handy cream on the cake. We feel the stock is likely to follow global indices into 2022 which aligns with our $70 target over the coming months i.e. we can see 20% in JHG from current levels as we target fresh highs by the ASX into early 2022.
MM likes JHG around $57
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