Jupiter Fund Management PLC Given Average Rating of “Buy” by Analysts (LON:JUP)
Jupiter Fund Management PLC (LON:JUP) has received a consensus recommendation of “Buy” from the fourteen brokerages that are currently covering the stock, American Banking News reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 439.62 ($7.40).
Shares of Jupiter Fund Management PLC (LON:JUP) traded down 2.17% during mid-day trading on Friday, hitting GBX 379.50. The stock had a trading volume of 680,707 shares. Jupiter Fund Management PLC has a one year low of GBX 271.70 and a one year high of GBX 447.60. The stock has a 50-day moving average of GBX 396.4 and a 200-day moving average of GBX 391.6. The company’s market cap is £1.658 billion.
Several analysts have recently commented on the stock. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Jupiter Fund Management PLC in a research note on Friday. They now have a GBX 480 ($8.08) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Jupiter Fund Management PLC in a research note on Wednesday, April 9th. They now have a GBX 489 ($8.24) price target on the stock.
Jupiter Fund Management plc is a United Kingdom-based holding company for a group of investment management companies.
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