Jupiter Fund Management (JUP) Earns “Hold” Rating from Numis Securities
Jupiter Fund Management (LON:JUP)‘s stock had its “hold” rating reaffirmed by research analysts at Numis Securities in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.
A number of other analysts have also recently weighed in on JUP. Peel Hunt reiterated a “hold” rating on shares of Jupiter Fund Management in a research note on Tuesday, January 22nd. Shore Capital restated a “buy” rating on shares of Jupiter Fund Management in a research note on Tuesday, January 22nd. Berenberg Bank restated a “hold” rating and issued a GBX 344 ($4.49) target price on shares of Jupiter Fund Management in a research note on Tuesday, February 19th. UBS Group restated a “sell” rating on shares of Jupiter Fund Management in a research note on Monday, February 25th. Finally, JPMorgan Chase & Co. raised their target price on shares of Jupiter Fund Management from GBX 325 ($4.25) to GBX 340 ($4.44) and gave the stock a “neutral” rating in a research note on Monday, March 4th. Five investment analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 356 ($4.65).
Shares of LON:JUP opened at GBX 362.10 ($4.73) on Tuesday. The firm has a market cap of $1.61 billion and a P/E ratio of 11.64. Jupiter Fund Management has a 1-year low of GBX 274.10 ($3.58) and a 1-year high of GBX 490.70 ($6.41).
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.
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