Jupiter Fund Management PLC (JUP) Earns “Hold” Rating from Shore Capital
Jupiter Fund Management PLC (LON:JUP)‘s stock had its “hold” rating reissued by analysts at Shore Capital in a research note issued to investors on Thursday. They currently have a GBX 448 ($5.54) price target on the stock.
A number of other brokerages also recently issued reports on JUP. BNP Paribas downgraded shares of Jupiter Fund Management PLC to a “neutral” rating and set a GBX 415 ($5.14) price target on the stock. in a report on Monday, June 27th. JPMorgan Chase & Co. dropped their price target on shares of Jupiter Fund Management PLC from GBX 435 ($5.38) to GBX 380 ($4.70) and set a “neutral” rating on the stock in a report on Wednesday, June 29th. Barclays PLC downgraded shares of Jupiter Fund Management PLC to an “equal weight” rating and dropped their price objective for the stock from GBX 500 ($6.19) to GBX 400 ($4.95) in a report on Thursday, June 30th. Jefferies Group dropped their price objective on shares of Jupiter Fund Management PLC from GBX 472 ($5.84) to GBX 406 ($5.02) and set a “buy” rating on the stock in a report on Thursday, June 30th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 452 ($5.59) price objective on shares of Jupiter Fund Management PLC in a report on Tuesday, July 5th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 430.21 ($5.32).
Shares of Jupiter Fund Management PLC (LON:JUP) opened at 447.50 on Thursday. The firm has a 50-day moving average of GBX 432.95 and a 200 day moving average of GBX 416.02. Jupiter Fund Management PLC has a 12 month low of GBX 324.60 and a 12 month high of GBX 481.30. The company’s market cap is GBX 2.01 billion.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/13/jupiter-fund-management-plc-jup-earns-hold-rating-from-shore-capital.html
In related news, insider Carter,Edward Bonham sold 1,000,000 shares of the business’s stock in a transaction on Thursday, July 28th. The shares were sold at an average price of GBX 417 ($5.16), for a total value of £4,170,000 ($5,160,891.09).
Jupiter Fund Management PLC Company Profile
Jupiter Fund Management plc (Jupiter) is a United Kingdom-based fund manager. The principal activity of the Company is to act as a holding company for a group of investment management companies. The Company operates through investment management business segment. The Company focuses primarily on managing equity investments on behalf of retail, institutional and private client investors across a range of products, including United Kingdom and offshore mutual funds, segregated mandates and investment trusts.
Receive News & Ratings for Jupiter Fund Management PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jupiter Fund Management PLC and related companies with MarketBeat.com's FREE daily email newsletter.