Jupiter Fund Management PLC’s Underperform Rating Reaffirmed at Credit Suisse (JUP)
Jupiter Fund Management PLC (LON:JUP)‘s stock had its “underperform” rating reaffirmed by investment analysts at Credit Suisse in a note issued to investors on Thursday. They currently have a GBX 375 ($6.37) price objective on the stock. Credit Suisse’s target price indicates a potential upside of 1.54% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. 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. Separately, 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. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Jupiter Fund Management PLC in a research note on Wednesday. They now have a GBX 475 ($8.07) price target on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the stock. Jupiter Fund Management PLC presently has a consensus rating of “Hold” and an average price target of GBX 443.21 ($7.53).
Shares of Jupiter Fund Management PLC (LON:JUP) traded down 3.53% during mid-day trading on Thursday, hitting GBX 369.30. The stock had a trading volume of 1,854,386 shares. Jupiter Fund Management PLC has a 1-year low of GBX 330.00 and a 1-year high of GBX 447.60. The stock’s 50-day moving average is GBX 402.8 and its 200-day moving average is 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. Shareholders 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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