Jupiter Fund Management Plc (LON:JUP) Receives GBX 85.40 Average Target Price from Brokerages

Jupiter Fund Management Plc (LON:JUPGet Free Report) has received an average rating of “Reduce” from the six research firms that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and five have issued a hold recommendation 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 85.40 ($1.11).

JUP has been the subject of a number of recent analyst reports. UBS Group raised shares of Jupiter Fund Management to a “neutral” rating in a research note on Wednesday, August 14th. Morgan Stanley lowered their price objective on shares of Jupiter Fund Management from GBX 92 ($1.19) to GBX 91 ($1.18) and set an “equal weight” rating for the company in a research report on Thursday, July 18th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 100 ($1.30) price target on shares of Jupiter Fund Management in a research note on Tuesday, September 3rd.

Read Our Latest Report on JUP

Jupiter Fund Management Stock Performance

Shares of Jupiter Fund Management stock opened at GBX 82.10 ($1.06) on Monday. The company has a quick ratio of 1.79, a current ratio of 1.70 and a debt-to-equity ratio of 11.23. The stock’s fifty day moving average is GBX 84.85 and its two-hundred day moving average is GBX 82.80. Jupiter Fund Management has a 52 week low of GBX 71.10 ($0.92) and a 52 week high of GBX 95 ($1.23). The company has a market capitalization of £422.22 million, a PE ratio of -4,105.00 and a beta of 1.42.

Insider Activity

In related news, insider Wayne Mepham sold 57,059 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of GBX 81 ($1.05), for a total value of £46,217.79 ($59,937.48). Insiders own 25.22% of the company’s stock.

Jupiter Fund Management Company Profile

(Get Free Report

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.

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Analyst Recommendations for Jupiter Fund Management (LON:JUP)

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