Macquarie reiterated their underperform rating on shares of Jupiter Fund Management PLC (LON:JUP) in a report published on Friday. The brokerage currently has a GBX 360 ($4.46) price target on the stock.
Several other equities analysts also recently weighed in on the stock. Numis Securities Ltd reiterated a buy rating and issued a GBX 520 ($6.44) price target on shares of Jupiter Fund Management PLC in a report on Wednesday, October 5th. JPMorgan Chase & Co. raised their price objective on shares of Jupiter Fund Management PLC from GBX 430 ($5.32) to GBX 465 ($5.75) and gave the stock a neutral rating in a research note on Tuesday, September 13th. Credit Suisse Group AG reaffirmed a neutral rating and set a GBX 420 ($5.20) price objective on shares of Jupiter Fund Management PLC in a research note on Monday, August 8th. Royal Bank Of Canada raised their price objective on shares of Jupiter Fund Management PLC from GBX 435 ($5.38) to GBX 450 ($5.57) and gave the stock an outperform rating in a research note on Thursday, July 28th. Finally, BNP Paribas reaffirmed a neutral rating and set a GBX 440 ($5.45) price objective on shares of Jupiter Fund Management PLC 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 assigned a buy rating to the company. Jupiter Fund Management PLC has a consensus rating of Hold and an average price target of GBX 426.92 ($5.28).
Shares of Jupiter Fund Management PLC (LON:JUP) opened at 448.50 on Friday. The stock’s market cap is GBX 2.02 billion. The company’s 50-day moving average is GBX 431.73 and its 200-day moving average is GBX 415.81. Jupiter Fund Management PLC has a 1-year low of GBX 324.60 and a 1-year high of GBX 481.30.
In other Jupiter Fund Management PLC news, insider Carter,Edward Bonham sold 1,000,000 shares of the firm’s stock in a transaction 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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