Jupiter Fund Management PLC (LON:JUP) has been assigned a consensus recommendation of “Hold” from the fifteen research firms that are currently covering the company. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 428.21 ($5.59).
Several equities research analysts have issued reports on JUP shares. Numis Securities Ltd reiterated an “add” rating and issued a GBX 490 ($6.40) price target on shares of Jupiter Fund Management PLC in a research note on Thursday, June 9th. Peel Hunt reissued a “buy” rating and issued a GBX 495 ($6.46) price objective on shares of Jupiter Fund Management PLC in a research report on Wednesday, July 20th. Liberum Capital reissued a “buy” rating and issued a GBX 452 ($5.90) price objective on shares of Jupiter Fund Management PLC in a research report on Tuesday, July 5th. Jefferies Group decreased their price objective on shares of Jupiter Fund Management PLC from GBX 472 ($6.16) to GBX 406 ($5.30) and set a “buy” rating for the company in a research report on Thursday, June 30th. Finally, Societe Generale raised shares of Jupiter Fund Management PLC to a “buy” rating and decreased their price objective for the company from GBX 475 ($6.20) to GBX 460 ($6.00) in a research report on Tuesday, July 26th.
Jupiter Fund Management PLC (LON:JUP) traded down 0.68% during midday trading on Friday, reaching GBX 425.40. 786,186 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of GBX 426.88 and a 200 day moving average price of GBX 413.20. Jupiter Fund Management PLC has a 52 week low of GBX 324.60 and a 52 week high of GBX 481.30. The company’s market cap is GBX 1.91 billion.
In other news, insider Carter,Edward Bonham sold 1,000,000 shares of the business’s stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of GBX 417 ($5.44), for a total value of £4,170,000 ($5,443,153.64).
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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