Jupiter Fund Management (LON:JUP) Price Target Raised to GBX 185

Jupiter Fund Management (LON:JUP) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from GBX 180 to GBX 185 in a research note released on Friday,Digital Look reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.

Separately, Berenberg Bank restated a “buy” rating and set a GBX 187 price target on shares of Jupiter Fund Management in a research report on Tuesday, August 25th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Jupiter Fund Management has an average rating of “Moderate Buy” and a consensus price target of GBX 176.

Jupiter Fund Management Stock Up 0.5%

Shares of JUP opened at GBX 164.04 on Friday. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.58 and a quick ratio of 1.79. Jupiter Fund Management has a 1 year low of GBX 113.40 and a 1 year high of GBX 214.50. The business’s 50 day simple moving average is GBX 165.75 and its 200-day simple moving average is GBX 167.13. The stock has a market capitalization of £822.09 million, a price-to-earnings ratio of 8.87 and a beta of 1.30.

Jupiter Fund Management (LON:JUP) last issued its quarterly earnings data on Thursday, July 23rd. The company reported GBX 7.20 EPS for the quarter. Jupiter Fund Management had a net margin of 19.32% and a return on equity of 11.59%. As a group, equities analysts expect that Jupiter Fund Management will post 8.5093781 earnings per share for the current fiscal year.

About Jupiter Fund Management

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.