Jupiter Fund Management’s (JUP) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Jupiter Fund Management (LON:JUP) in a research report report published on Tuesday, Marketbeat.com reports. Berenberg Bank currently has a GBX 187 target price on the stock.

Separately, Deutsche Bank Aktiengesellschaft raised their price target on Jupiter Fund Management from GBX 180 to GBX 190 and gave the company a “hold” rating in a research note on Tuesday, June 2nd. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Jupiter Fund Management currently has an average rating of “Moderate Buy” and a consensus price target of GBX 177.67.

Jupiter Fund Management Trading Up 0.5%

Shares of LON:JUP opened at GBX 173.60 on Tuesday. Jupiter Fund Management has a 52 week low of GBX 113.40 and a 52 week high of GBX 214.50. The company’s 50 day moving average is GBX 165.72 and its two-hundred day moving average is GBX 168.12. The company has a market cap of £870.00 million, a PE ratio of 9.38 and a beta of 1.30. The company has a current ratio of 1.58, a quick ratio of 1.79 and a debt-to-equity ratio of 4.75.

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

Jupiter Fund Management Company Profile

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.