Jupiter Fund Management Price Target Raised to GBX 410 at Berenberg Bank (JUP)
Research analysts at Berenberg Bank upped their price objective on shares of Jupiter Fund Management (LON:JUP) from GBX 385 ($6.34) to GBX 410 ($6.76) in a report released on Friday, American Banking and Market News reports. The firm currently has a “hold” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 9.68% from the stock’s previous close.
A number of other firms have also recently commented on JUP. Analysts at Societe Generale upgraded shares of Jupiter Fund Management to a “buy” rating in a research note to investors on Thursday, January 23rd. They now have a GBX 450 ($7.41) price target on the stock. Separately, analysts at Credit Suisse raised their price target on shares of Jupiter Fund Management from GBX 345 ($5.68) to GBX 375 ($6.18) in a research note to investors on Monday, January 20th. They now have an “underperform” rating on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Jupiter Fund Management in a research note to investors on Monday, January 20th. They now have a GBX 410 ($6.76) price target on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the stock. Jupiter Fund Management presently has an average rating of “Buy” and an average price target of GBX 417.11 ($6.87).
Shares of Jupiter Fund Management (LON:JUP) traded down 0.19% during mid-day trading on Friday, hitting GBX 373.80. 480,950 shares of the company’s stock traded hands. 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 379.4 and its 200-day moving average is GBX 370.8. The company’s market cap is £1.628 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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