Jupiter Fund Management (JUP) Given New GBX 600 Price Target at Barclays

Jupiter Fund Management (LON:JUP) had its price target upped by equities researchers at Barclays from GBX 585 ($7.93) to GBX 600 ($8.14) in a research note issued on Friday. The firm currently has an “equal weight” rating on the stock. Barclays’ price objective points to a potential upside of 2.11% from the stock’s current price.

Several other equities research analysts also recently weighed in on the company. Numis Securities upped their price target on Jupiter Fund Management from GBX 590 ($8.00) to GBX 595 ($8.07) and gave the stock a “hold” rating in a report on Wednesday, January 3rd. Liberum Capital restated a “buy” rating and set a GBX 664 ($9.00) price target on shares of Jupiter Fund Management in a report on Thursday. Shore Capital restated a “hold” rating on shares of Jupiter Fund Management in a report on Wednesday, October 11th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 550 ($7.46) price target on shares of Jupiter Fund Management in a report on Thursday, September 21st. Finally, Berenberg Bank upped their price target on Jupiter Fund Management from GBX 500 ($6.78) to GBX 560 ($7.59) and gave the stock a “hold” rating in a report on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company’s stock. Jupiter Fund Management currently has an average rating of “Hold” and an average target price of GBX 558.93 ($7.58).

Jupiter Fund Management (JUP) traded up GBX 2.60 ($0.04) during mid-day trading on Friday, hitting GBX 587.60 ($7.97). The company had a trading volume of 1,770,459 shares, compared to its average volume of 1,100,000. The stock has a market cap of $2,690.00 and a P/E ratio of 1,895.48. Jupiter Fund Management has a 52-week low of GBX 388.90 ($5.27) and a 52-week high of GBX 638.80 ($8.66).

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About Jupiter Fund Management

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 (LON:JUP)

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