Jupiter Fund Management Price Target Increased to GBX 375 by Analysts at Credit Suisse (JUP)
Investment analysts at Credit Suisse increased their price target on shares of Jupiter Fund Management (LON:JUP) from GBX 345 ($5.66) to GBX 375 ($6.16) in a note issued to investors on Monday, Stock Ratings Network reports. The firm currently has an “underperform” rating on the stock. Credit Suisse’s target price indicates a potential downside of 1.99% from the company’s current price.
A number of other firms have also recently commented on JUP. Analysts at Barclays reiterated an “equal weight” rating on shares of Jupiter Fund Management in a research note to investors on Monday. They now have a GBX 410 ($6.73) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research raised their price target on shares of Jupiter Fund Management from GBX 429 ($7.04) to GBX 465 ($7.63) in a research note to investors on Friday. They now have a “buy” rating 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 Thursday. They now have a GBX 455 ($7.47) price target on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have issued a buy rating to the company’s stock. Jupiter Fund Management presently has a consensus rating of “Buy” and an average price target of GBX 407.74 ($6.69).
Shares of Jupiter Fund Management (LON:JUP) traded down 0.88% on Monday, hitting GBX 382.60. The stock had a trading volume of 177,646 shares. Jupiter Fund Management has a one year low of GBX 271.70 and a one year high of GBX 405.80. The stock’s 50-day moving average is GBX 381.8 and its 200-day moving average is GBX 366.7. The company’s market cap is £1.666 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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