Jupiter Fund Management PLC (JUP) Rating Reiterated by Credit Suisse Group AG
Jupiter Fund Management PLC (LON:JUP)‘s stock had its “neutral” rating restated by research analysts at Credit Suisse Group AG in a report released on Friday. They presently have a GBX 474.09 ($5.87) price target on the stock. Credit Suisse Group AG’s target price suggests a potential upside of 6.92% from the company’s current price.
JUP has been the topic of a number of other research reports. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 475 ($5.88) target price on shares of Jupiter Fund Management PLC in a research note on Monday, July 11th. Panmure Gordon reiterated a “sell” rating and issued a GBX 345 ($4.27) target price on shares of Jupiter Fund Management PLC in a research note on Wednesday, July 27th. BNP Paribas reiterated a “neutral” rating and issued a GBX 440 ($5.45) target price on shares of Jupiter Fund Management PLC in a research note on Thursday, July 28th. Liberum Capital reiterated a “buy” rating and issued a GBX 354 ($4.38) target price on shares of Jupiter Fund Management PLC in a research note on Wednesday, July 27th. Finally, Jefferies Group reduced their target price on Jupiter Fund Management PLC from GBX 472 ($5.84) to GBX 406 ($5.02) and set a “buy” rating on the stock in a research note on Thursday, June 30th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. Jupiter Fund Management PLC presently has an average rating of “Hold” and a consensus target price of GBX 445.72 ($5.52).
Jupiter Fund Management PLC (LON:JUP) opened at 445.70 on Friday. The stock’s market cap is GBX 2.01 billion. The stock has a 50 day moving average price of GBX 433.15 and a 200 day moving average price of GBX 416.22. Jupiter Fund Management PLC has a 52-week low of GBX 324.60 and a 52-week high of GBX 481.30.
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In other Jupiter Fund Management PLC news, insider Carter,Edward Bonham sold 1,000,000 shares of the firm’s stock in a transaction dated 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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