Jupiter Fund Management (LON:JUP) was downgraded by stock analysts at UBS Group to a “sell” rating in a report released on Monday, www.digitallook.com reports. They currently have a GBX 450 ($6.22) price objective on the stock, down from their prior price objective of GBX 545 ($7.53). UBS Group’s price objective suggests a potential downside of 13.46% from the stock’s current price.
Other research analysts have also recently issued reports about the company. Shore Capital reissued a “hold” rating on shares of Jupiter Fund Management in a research note on Thursday, January 11th. Liberum Capital reissued a “buy” rating and issued a GBX 664 ($9.17) target price on shares of Jupiter Fund Management in a research note on Thursday, January 11th. Barclays boosted their target price on Jupiter Fund Management from GBX 585 ($8.08) to GBX 600 ($8.29) and gave the company an “equal weight” rating in a research note on Friday, January 12th. Numis Securities boosted their target price on Jupiter Fund Management from GBX 590 ($8.15) to GBX 595 ($8.22) and gave the company a “hold” rating in a research note on Wednesday, January 3rd. Finally, Citigroup reissued a “sell” rating and issued a GBX 500 ($6.91) target price on shares of Jupiter Fund Management in a research note on Thursday. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the stock. Jupiter Fund Management has an average rating of “Hold” and a consensus price target of GBX 558 ($7.71).
Shares of Jupiter Fund Management (JUP) opened at GBX 520 ($7.18) on Monday. Jupiter Fund Management has a 52 week low of GBX 402.60 ($5.56) and a 52 week high of GBX 638.80 ($8.83). The company has a market capitalization of $2,340.00 and a price-to-earnings ratio of 1,677.42.
About Jupiter Fund Management
Jupiter Fund Management plc is a fund manager. The principal activity of the Company is to act as a holding company for a group of investment management companies. The Company focuses primarily on managing equity investments on behalf of retail, institutional and private client investors across a range of products, including the United Kingdom and offshore mutual funds, segregated mandates and investment trusts.
Receive News & Ratings for Jupiter Fund Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jupiter Fund Management and related companies with MarketBeat.com's FREE daily email newsletter.