Jupiter Fund Management Given Buy Rating at Canaccord Genuity (JUP)
Jupiter Fund Management (LON:JUP)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity in a note issued to investors on Wednesday, Analyst Ratings Net reports. They currently have a GBX 430 ($7.09) price target on the stock. Canaccord Genuity’s target price points to a potential upside of 10.54% from the stock’s previous close.
A number of other firms have also recently commented on JUP. Analysts at RBC Capital reiterated an “outperform” rating on shares of Jupiter Fund Management in a research note to investors on Tuesday. They now have a GBX 410 ($6.76) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Jupiter Fund Management in a research note to investors on Monday. They now have a GBX 436 ($7.19) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Jupiter Fund Management in a research note to investors on Tuesday, January 7th. They now have a GBX 455 ($7.50) price target on the stock, up previously from GBX 377 ($6.21). One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the stock. Jupiter Fund Management presently has a consensus rating of “Buy” and a consensus target price of GBX 402.30 ($6.63).
Shares of Jupiter Fund Management (LON:JUP) traded up 2.26% during mid-day trading on Wednesday, hitting GBX 389.00. The stock had a trading volume of 848,093 shares. Jupiter Fund Management has a 1-year low of GBX 271.70 and a 1-year high of GBX 405.80. The stock has a 50-day moving average of GBX 382. and a 200-day moving average of GBX 366.4. The company’s market cap is £1.694 billion.
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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