Other analysts also recently issued reports about the company. Liberum Capital reaffirmed a buy rating and set a GBX 354 ($4.38) price objective on shares of Jupiter Fund Management PLC in a research note on Wednesday, July 27th. Panmure Gordon reaffirmed a sell rating and set a GBX 345 ($4.27) price objective on shares of Jupiter Fund Management PLC in a research note on Wednesday, July 27th. Macquarie reaffirmed a neutral rating and set a GBX 380 ($4.70) price objective on shares of Jupiter Fund Management PLC in a research note on Wednesday, July 13th. Societe Generale raised Jupiter Fund Management PLC to a buy rating and reduced their price objective for the company from GBX 475 ($5.88) to GBX 460 ($5.69) in a research note on Tuesday, July 26th. Finally, Royal Bank Of Canada upped their price objective on Jupiter Fund Management PLC from GBX 435 ($5.38) to GBX 450 ($5.57) and gave the company an outperform rating in a research note on Thursday, July 28th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of Hold and an average price target of GBX 426.92 ($5.28).
Jupiter Fund Management PLC (LON:JUP) traded down 0.51% during trading on Tuesday, hitting GBX 449.10. The stock had a trading volume of 174,133 shares. Jupiter Fund Management PLC has a one year low of GBX 324.60 and a one year high of GBX 481.30. The company’s market cap is GBX 2.02 billion. The firm has a 50 day moving average of GBX 431.73 and a 200-day moving average of GBX 415.81.
In related news, insider Carter,Edward Bonham sold 1,000,000 shares of the company’s stock in a transaction that occurred on Thursday, July 28th. The stock was sold at an average price of GBX 417 ($5.16), for a total value of £4,170,000 ($5,160,891.09).
Jupiter Fund Management PLC Company Profile
Jupiter Fund Management plc (Jupiter) is a United Kingdom-based fund manager. The principal activity of the Company is to act as a holding company for a group of investment management companies. The Company operates through investment management business segment. The Company focuses primarily on managing equity investments on behalf of retail, institutional and private client investors across a range of products, including United Kingdom and offshore mutual funds, segregated mandates and investment trusts.
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