Jupiter Fund Management Stock Rating Upgraded by Societe Generale (JUP)
Jupiter Fund Management (LON:JUP) was upgraded by Societe Generale to a “buy” rating in a research note issued on Thursday, Analyst Ratings News reports. The firm currently has a GBX 450 ($7.39) target price on the stock. Societe Generale’s price target would indicate a potential upside of 19.33% from the company’s current price.
Shares of Jupiter Fund Management (LON:JUP) traded down 0.76% on Thursday, hitting GBX 377.10. The stock had a trading volume of 737,348 shares. Jupiter Fund Management has a 52-week low of GBX 271.70 and a 52-week high of GBX 405.80. The stock has a 50-day moving average of GBX 380.9 and a 200-day moving average of GBX 369.4. The company’s market cap is £1.642 billion.
A number of other analysts have also recently weighed in on JUP. Analysts at Credit Suisse raised their price target on shares of Jupiter Fund Management from GBX 345 ($5.66) to GBX 375 ($6.16) in a research note to investors on Monday. They now have an “underperform” rating on the stock. Separately, 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. Finally, 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, January 17th. They now have a “buy” rating on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of GBX 414.93 ($6.81).
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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