Jupiter Fund Management (JUP) Given Buy Rating at Liberum Capital
Jupiter Fund Management (LON:JUP)‘s stock had its “buy” rating reiterated by equities researchers at Liberum Capital in a research report issued on Friday. They currently have a GBX 664 ($8.94) price objective on the stock. Liberum Capital’s target price points to a potential upside of 9.12% from the stock’s current price.
Other research analysts have also issued research reports about the company. Shore Capital reissued a “hold” rating on shares of Jupiter Fund Management in a report on Wednesday, October 11th. Numis Securities reissued a “hold” rating and issued a GBX 580 ($7.81) target price on shares of Jupiter Fund Management in a report on Tuesday, October 3rd. Macquarie reissued a “neutral” rating and issued a GBX 521 ($7.01) target price on shares of Jupiter Fund Management in a report on Wednesday, October 18th. J P Morgan Chase & Co boosted their target price on Jupiter Fund Management from GBX 550 ($7.40) to GBX 565 ($7.60) and gave the company a “neutral” rating in a report on Thursday, October 12th. Finally, Berenberg Bank boosted their target price on Jupiter Fund Management from GBX 500 ($6.73) to GBX 560 ($7.54) and gave the company a “hold” rating in a report on Thursday, October 19th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 553.21 ($7.45).
Jupiter Fund Management (LON:JUP) traded up GBX 2.14 ($0.03) during trading hours on Friday, hitting GBX 608.50 ($8.19). The stock had a trading volume of 840,830 shares, compared to its average volume of 977,972. Jupiter Fund Management has a 1-year low of GBX 388.90 ($5.23) and a 1-year high of GBX 612 ($8.24).
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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