Jupiter Fund Management (LON:JUP) Price Target Raised to GBX 595 at Numis Securities
Jupiter Fund Management (LON:JUP) had its target price increased by research analysts at Numis Securities from GBX 590 ($8.29) to GBX 595 ($8.36) in a research report issued to clients and investors on Wednesday, January 3rd. The firm presently has a “hold” rating on the stock. Numis Securities’ price objective suggests a potential downside of 2.07% from the company’s previous close.
Other analysts have also recently issued research reports about the company. Peel Hunt increased their target price on Jupiter Fund Management from GBX 495 ($6.95) to GBX 600 ($8.43) and gave the stock an “add” rating in a report on Wednesday, October 11th. Jefferies Group increased their target price on Jupiter Fund Management from GBX 565 ($7.93) to GBX 620 ($8.71) and gave the stock a “buy” rating in a report on Thursday, October 12th. Liberum Capital restated a “buy” rating and set a GBX 664 ($9.32) target price on shares of Jupiter Fund Management in a report on Friday, December 8th. Shore Capital reiterated a “hold” rating on shares of Jupiter Fund Management in a report on Wednesday, October 11th. Finally, HSBC cut Jupiter Fund Management to a “hold” rating and raised their price target for the company from GBX 575 ($8.07) to GBX 610 ($8.57) in a report on Thursday, November 23rd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 558.93 ($7.85).
Shares of Jupiter Fund Management (JUP) traded up GBX 5.60 ($0.08) during mid-day trading on Wednesday, hitting GBX 607.60 ($8.53). The stock had a trading volume of 1,422,578 shares, compared to its average volume of 1,200,000. The company has a market capitalization of $2,770.00 and a PE ratio of 1,960.00. Jupiter Fund Management has a 12 month low of GBX 392.40 ($5.51) and a 12 month high of GBX 638.80 ($8.97).
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.