Jupiter Fund Management PLC (JUP) Stock Rating Reaffirmed by Shore Capital
Jupiter Fund Management PLC (LON:JUP)‘s stock had its “hold” rating reaffirmed by research analysts at Shore Capital in a report released on Thursday. They currently have a GBX 448 ($5.54) target price on the stock.
Other research analysts also recently issued research reports about the company. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 475 ($5.88) price target on shares of Jupiter Fund Management PLC in a research note on Monday, July 11th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 495 ($6.13) price target on shares of Jupiter Fund Management PLC in a research note on Wednesday, July 20th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 452 ($5.59) price target on shares of Jupiter Fund Management PLC in a research note on Tuesday, July 5th. Jefferies Group dropped their price target on Jupiter Fund Management PLC from GBX 472 ($5.84) to GBX 406 ($5.02) and set a “buy” rating for the company in a research note on Thursday, June 30th. Finally, Societe Generale raised Jupiter Fund Management PLC to a “buy” rating and dropped their price target for the company from GBX 475 ($5.88) to GBX 460 ($5.69) in a research note on Tuesday, July 26th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. Jupiter Fund Management PLC presently has an average rating of “Hold” and an average target price of GBX 430.21 ($5.32).
Jupiter Fund Management PLC (LON:JUP) opened at 449.60 on Thursday. The stock 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 52 week low of GBX 324.60 and a 52 week high of GBX 481.30. The company’s market cap is GBX 2.02 billion.
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In related news, insider Carter,Edward Bonham sold 1,000,000 shares of the company’s stock in a transaction that occurred on Thursday, July 28th. The stock was sold at an average price of GBX 417 ($5.16), for a total value of £4,170,000 ($5,160,891.09).
About Jupiter Fund Management PLC
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.
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