Jupiter Fund Management Given Overweight Rating at JPMorgan Chase & Co. (JUP)
Jupiter Fund Management (LON:JUP)‘s stock had its “overweight” rating restated by equities researchers at JPMorgan Chase & Co. in a research report issued on Tuesday, American Banking News.com reports.
Shares of Jupiter Fund Management (LON:JUP) traded down 0.08% during mid-day trading on Tuesday, hitting GBX 385.70. The stock had a trading volume of 438,598 shares. Jupiter Fund Management has a 1-year low of GBX 271.70 and a 1-year high of GBX 405.80. The stock’s 50-day moving average is GBX 382.6 and its 200-day moving average is GBX 362.7. The company’s market cap is £1.680 billion.
A number of other firms have also recently commented on JUP. Analysts at Barclays downgraded shares of Jupiter Fund Management to an “equal weight” rating in a research note to investors on Friday, January 3rd. They now have a GBX 410 ($6.72) price target on the stock, down previously from GBX 420 ($6.89). Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Jupiter Fund Management in a research note to investors on Monday, December 9th. They now have a GBX 470 ($7.71) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Jupiter Fund Management in a research note to investors on Monday, December 9th. They now have a GBX 436 ($7.15) price target on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of GBX 397.99 ($6.53).
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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