Jupiter Fund Management PLC (LON:JUP) had its price objective hoisted by Credit Suisse Group from GBX 375 ($4.89) to GBX 500 ($6.51) in a note issued to investors on Thursday. The firm presently has an “underperform” rating on the stock. Credit Suisse Group’s price target points to a potential downside of 5.75% from the company’s current price.

JUP has been the topic of several other reports. HSBC Holdings plc raised their price target on shares of Jupiter Fund Management PLC from GBX 465 ($6.06) to GBX 530 ($6.90) and gave the stock a “buy” rating in a research note on Tuesday, June 13th. Liberum Capital raised their price target on shares of Jupiter Fund Management PLC from GBX 487 ($6.34) to GBX 591 ($7.70) and gave the stock a “buy” rating in a research note on Monday, July 17th. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 570 ($7.43) price target on shares of Jupiter Fund Management PLC in a research note on Wednesday. Shore Capital reaffirmed a “hold” rating on shares of Jupiter Fund Management PLC in a research note on Wednesday. Finally, Macquarie reaffirmed an “underperform” rating and set a GBX 393 ($5.12) price target on shares of Jupiter Fund Management PLC in a research note on Monday, May 15th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 494.50 ($6.44).

Jupiter Fund Management PLC (LON:JUP) opened at 537.00 on Thursday. The firm has a 50-day moving average of GBX 511.41 and a 200 day moving average of GBX 460.23. The firm’s market capitalization is GBX 2.41 billion. Jupiter Fund Management PLC has a 12-month low of GBX 388.90 and a 12-month high of GBX 565.00.

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In related news, insider Maarten Slendebroek sold 43,577 shares of the firm’s stock in a transaction that occurred on Friday, April 28th. The shares were sold at an average price of GBX 474 ($6.18), for a total value of £206,554.98 ($269,091.95). Also, insider Edward Bonham Carter sold 147,060 shares of the firm’s stock in a transaction that occurred on Tuesday, June 6th. The stock was sold at an average price of GBX 489 ($6.37), for a total transaction of £719,123.40 ($936,846.53).

Jupiter Fund Management PLC Company Profile

Jupiter Fund Management plc is a fund manager. The principal activity of the Company is to act as a holding company for a group of investment management companies. The Company focuses primarily on managing equity investments on behalf of retail, institutional and private client investors across a range of products, including the United Kingdom and offshore mutual funds, segregated mandates and investment trusts.

Analyst Recommendations for Jupiter Fund Management PLC (LON:JUP)

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