Jupiter Fund Management PLC Price Target Cut to GBX 425 by Analysts at RBC Capital (JUP)
Investment analysts at RBC Capital cut their target price on shares of Jupiter Fund Management PLC (LON:JUP) from GBX 435 ($7.39) to GBX 425 ($7.22) in a note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock. RBC Capital’s price target indicates a potential upside of 15.08% from the company’s current price.
A number of other firms have also recently commented on JUP. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Jupiter Fund Management PLC in a research note on Thursday. They now have a GBX 375 ($6.37) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Jupiter Fund Management PLC in a research note on Thursday. They now have a GBX 400 ($6.79) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Jupiter Fund Management PLC in a research note on Wednesday. They now have a GBX 470 ($7.98) price target on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. Jupiter Fund Management PLC has an average rating of “Hold” and an average target price of GBX 443.21 ($7.53).
Jupiter Fund Management PLC (LON:JUP) traded down 3.53% on Thursday, hitting GBX 369.30. 1,854,386 shares of the company’s stock traded hands. Jupiter Fund Management PLC has a 52-week low of GBX 330.00 and a 52-week high of GBX 447.60. The stock has a 50-day moving average of GBX 402.8 and a 200-day moving average of GBX 397.0. The company’s market cap is £1.646 billion.
The company also recently declared a dividend, which is scheduled for Friday, August 29th. Stockholders of record on Wednesday, August 6th will be given a dividend of GBX 3.70 ($0.06) per share. This represents a yield of 0.94%. The ex-dividend date of this dividend is Wednesday, August 6th.
Jupiter Fund Management plc is a United Kingdom-based holding company for a group of investment management companies.
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