Jupiter Fund Management PLC (LON:JUP) had its target price upped by Numis Securities Ltd from GBX 520 ($6.34) to GBX 545 ($6.64) in a research report report published on Thursday. They currently have a buy rating on the stock.
JUP has been the subject of several other research reports. Credit Suisse Group AG restated a neutral rating and issued a GBX 385 ($4.69) target price on shares of Jupiter Fund Management PLC in a research report on Tuesday, July 12th. Panmure Gordon restated a sell rating and issued a GBX 345 ($4.20) target price on shares of Jupiter Fund Management PLC in a research report on Wednesday, July 27th. BNP Paribas restated a neutral rating and issued a GBX 440 ($5.36) target price on shares of Jupiter Fund Management PLC in a research report on Thursday, July 28th. Liberum Capital reaffirmed a buy rating and issued a GBX 354 ($4.31) price target on shares of Jupiter Fund Management PLC in a research note on Wednesday, July 27th. Finally, Jefferies Group reduced their price target on shares of Jupiter Fund Management PLC from GBX 472 ($5.75) to GBX 406 ($4.95) and set a buy rating for the company in a research note on Thursday, June 30th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of GBX 447.86 ($5.46).
Shares of Jupiter Fund Management PLC (LON:JUP) opened at 446.30 on Thursday. The stock’s market capitalization is GBX 2.01 billion. The firm has a 50-day moving average of GBX 434.76 and a 200 day moving average of GBX 416.78. Jupiter Fund Management PLC has a 1-year low of GBX 324.60 and a 1-year high of GBX 481.30.
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 shares were sold at an average price of GBX 417 ($5.08), for a total value of £4,170,000 ($5,082,266.91).
About Jupiter Fund Management PLC
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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