Jupiter Fund Management PLC (JUP) Given Consensus Rating of “Hold” by Brokerages
Jupiter Fund Management PLC (LON:JUP) has been given an average rating of “Hold” by the sixteen brokerages that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is GBX 508.50 ($6.60).
Several research firms recently weighed in on JUP. Shore Capital reissued a “hold” rating on shares of Jupiter Fund Management PLC in a research note on Tuesday. Credit Suisse Group AG lifted their price objective on shares of Jupiter Fund Management PLC from GBX 375 ($4.87) to GBX 500 ($6.49) and gave the stock an “underperform” rating in a research note on Thursday, July 27th. Numis Securities Ltd reissued an “add” rating and set a GBX 570 ($7.40) price objective on shares of Jupiter Fund Management PLC in a research note on Wednesday, July 26th. Barclays PLC lifted their price objective on shares of Jupiter Fund Management PLC from GBX 470 ($6.10) to GBX 560 ($7.27) and gave the stock an “equal weight” rating in a research note on Thursday, July 20th. Finally, BNP Paribas reissued a “neutral” rating and set a GBX 490 ($6.36) price objective on shares of Jupiter Fund Management PLC in a research note on Tuesday, July 18th.
In other Jupiter Fund Management PLC news, insider Edward Bonham Carter sold 147,060 shares of Jupiter Fund Management PLC stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of GBX 489 ($6.35), for a total value of £719,123.40 ($933,562.77).
Shares of Jupiter Fund Management PLC (JUP) traded up 0.87% during midday trading on Tuesday, hitting GBX 519.50. 710,927 shares of the company traded hands. The stock’s 50-day moving average is GBX 522.11 and its 200 day moving average is GBX 471.44. The stock’s market capitalization is GBX 2.34 billion. Jupiter Fund Management PLC has a 12-month low of GBX 388.90 and a 12-month high of GBX 565.00.
The business also recently declared a dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Thursday, August 3rd will be paid a GBX 6.80 ($0.09) dividend. This represents a yield of 1.28%. The ex-dividend date is Thursday, August 3rd.
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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.
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