Jupiter Fund Management PLC Given Consensus Rating of “Hold” by Analysts (LON:JUP)
Jupiter Fund Management PLC (LON:JUP) has earned an average rating of “Hold” from the fourteen brokerages that are currently covering the company, American Banking & Market News reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 441.79 ($7.43).
A number of analysts have recently weighed in on JUP shares. Analysts at Liberum Capital reiterated a “buy” rating on shares of Jupiter Fund Management PLC in a research note on Monday. They now have a GBX 515 ($8.67) price target on the stock. Separately, analysts at Berenberg Bank cut their price target on shares of Jupiter Fund Management PLC from GBX 430 ($7.24) to GBX 390 ($6.56) in a research note on Monday. They now have a “hold” rating on the stock. Finally, analysts at RBC Capital cut their price target on shares of Jupiter Fund Management PLC from GBX 435 ($7.32) to GBX 425 ($7.15) in a research note on Thursday, July 31st. They now have a “neutral” rating on the stock.
Jupiter Fund Management PLC (LON:JUP) traded down 0.03% during mid-day trading on Tuesday, hitting GBX 367.90. 254,083 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 401.5 and a 200-day moving average of GBX 397.1. The company’s market cap is £1.639 billion.
The company also recently announced a dividend, which is scheduled for Friday, August 29th. Investors of record on Wednesday, August 6th will be paid a dividend of GBX 3.70 ($0.06) per share. This represents a dividend yield of 0.94%. The ex-dividend date 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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