Jupiter Fund Management Receives “Overweight” Rating from JPMorgan Chase & Co. (JUP)
Jupiter Fund Management (LON:JUP)‘s stock had its “overweight” rating restated by JPMorgan Chase & Co. in a research note issued on Thursday, Analyst Ratings Net reports. They currently have a GBX 455 ($7.50) target price on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 17.88% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Jupiter Fund Management in a research note to investors on Wednesday. They now have a GBX 430 ($7.09) price target on the stock. Separately, 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. Finally, 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. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 402.30 ($6.63).
Shares of Jupiter Fund Management (LON:JUP) traded down 0.77% during mid-day trading on Thursday, hitting GBX 386.00. The stock had a trading volume of 456,563 shares. Jupiter Fund Management has a 52 week low of GBX 271.70 and a 52 week high of GBX 405.80. The stock’s 50-day moving average is GBX 381.9 and its 200-day moving average is GBX 366.5. The company’s market cap is £1.681 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.