Jupiter Fund Management PLC (JUP) Receives Consensus Rating of “Hold” from Brokerages
Jupiter Fund Management PLC (LON:JUP) has received an average recommendation of “Hold” from the fifteen research firms that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 542.46 ($7.16).
Several analysts recently issued reports on JUP shares. Numis Securities Ltd reiterated an “add” rating and set a GBX 570 ($7.52) price objective on shares of Jupiter Fund Management PLC in a report on Wednesday, July 26th. Peel Hunt increased their price objective on Jupiter Fund Management PLC from GBX 495 ($6.53) to GBX 600 ($7.92) and gave the stock an “add” rating in a report on Wednesday, October 11th. Liberum Capital increased their price objective on Jupiter Fund Management PLC from GBX 487 ($6.43) to GBX 591 ($7.80) and gave the stock a “buy” rating in a report on Monday, July 17th. Jefferies Group LLC increased their price objective on Jupiter Fund Management PLC from GBX 535 ($7.06) to GBX 565 ($7.46) and gave the stock a “buy” rating in a report on Tuesday, July 11th. Finally, Barclays PLC increased their price objective on Jupiter Fund Management PLC from GBX 470 ($6.20) to GBX 560 ($7.39) and gave the stock an “equal weight” rating in a report on Thursday, July 20th.
Shares of Jupiter Fund Management PLC (LON JUP) traded down 1.91% during midday trading on Friday, reaching GBX 590.50. The company’s stock had a trading volume of 988,654 shares. The stock has a 50-day moving average price of GBX 556.51 and a 200 day moving average price of GBX 516.85. Jupiter Fund Management PLC has a 52 week low of GBX 388.90 and a 52 week high of GBX 605.00. The stock’s market capitalization is GBX 2.66 billion.
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About Jupiter Fund Management PLC
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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