Jupiter Fund Management PT Raised to GBX 430 (JUP)
Analysts at Canaccord Genuity boosted their price target on shares of Jupiter Fund Management (LON:JUP) from GBX 370 ($5.91) to GBX 430 ($6.86) in a research report issued to clients and investors on Friday, Analyst Ratings Net reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s target price suggests a potential upside of 11.69% from the stock’s previous close.
Shares of Jupiter Fund Management (LON:JUP) opened at 388.13 on Friday. Jupiter Fund Management has a 52-week low of GBX 253.50 and a 52-week high of GBX 385.50. The stock’s 50-day moving average is GBX 360.1 and its 200-day moving average is GBX 335.5. The company’s market cap is £1.690 billion.
A number of other analysts have also recently weighed in on JUP. Analysts at RBC Capital reiterated an “outperform” rating on shares of Jupiter Fund Management in a research note to investors on Thursday. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Jupiter Fund Management in a research note to investors on Thursday. They now have a GBX 470 ($7.50) price target on the stock. Finally, analysts at Numis Securities Ltd raised their price target on shares of Jupiter Fund Management from GBX 418 ($6.67) to GBX 430 ($6.86) in a research note to investors on Thursday. They now have an “add” rating on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the stock. Jupiter Fund Management has a consensus rating of “Buy” and an average price target of GBX 393.56 ($6.28).
Jupiter Fund Management plc is a holding company for a group of investment management companies. The Company and its subsidiaries offer a range of asset management products.
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