Jupiter Fund Management PLC (LON:JUP) had its price objective increased by Numis Securities Ltd from GBX 520 ($6.34) to GBX 545 ($6.64) in a research report report published on Thursday morning. The firm currently has a buy rating on the stock.
Other equities analysts also recently issued reports about the company. BNP Paribas downgraded Jupiter Fund Management PLC to a neutral rating and set a GBX 415 ($5.06) price target on the stock. in a research note on Monday, June 27th. JPMorgan Chase & Co. dropped their price target on Jupiter Fund Management PLC from GBX 435 ($5.30) to GBX 380 ($4.63) and set a neutral rating on the stock in a research note on Wednesday, June 29th. Barclays PLC downgraded Jupiter Fund Management PLC to an equal weight rating and dropped their price target for the stock from GBX 500 ($6.09) to GBX 400 ($4.88) in a research note on Thursday, June 30th. Jefferies Group dropped their price target on Jupiter Fund Management PLC from GBX 472 ($5.75) to GBX 406 ($4.95) and set a buy rating on the stock in a research note on Thursday, June 30th. Finally, Liberum Capital restated a buy rating and issued a GBX 452 ($5.51) price target on shares of Jupiter Fund Management PLC in a research note on Tuesday, July 5th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the stock. Jupiter Fund Management PLC has a consensus rating of Hold and a consensus target price of GBX 447.86 ($5.46).
Jupiter Fund Management PLC (LON:JUP) opened at 444.00 on Thursday. The firm has a 50-day moving average price of GBX 435.09 and a 200-day moving average price of GBX 417.04. 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 capitalization is GBX 2.00 billion.
In other Jupiter Fund Management PLC news, insider Carter,Edward Bonham sold 1,000,000 shares of the firm’s stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of GBX 417 ($5.08), for a total transaction 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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