Jupiter Fund Management’s (JUP) Hold Rating Reaffirmed at Numis Securities
Numis Securities reissued their hold rating on shares of Jupiter Fund Management (LON:JUP) in a research report report published on Friday. The firm currently has a GBX 310 ($4.05) target price on the stock.
Several other equities analysts have also weighed in on JUP. JPMorgan Chase & Co. reduced their price objective on shares of Jupiter Fund Management from GBX 440 ($5.75) to GBX 410 ($5.36) and set a neutral rating for the company in a research report on Friday, October 12th. Peel Hunt restated a hold rating on shares of Jupiter Fund Management in a research report on Tuesday, January 22nd. Citigroup restated a sell rating and set a GBX 330 ($4.31) price objective on shares of Jupiter Fund Management in a research report on Monday, October 15th. UBS Group restated a sell rating on shares of Jupiter Fund Management in a research report on Wednesday, November 7th. Finally, Shore Capital restated a hold rating on shares of Jupiter Fund Management in a research report on Thursday, October 11th. Five research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of GBX 422.50 ($5.52).
JUP traded up GBX 6.50 ($0.08) on Friday, reaching GBX 320.90 ($4.19). The company had a trading volume of 1,010,322 shares, compared to its average volume of 2,620,000. Jupiter Fund Management has a one year low of GBX 416 ($5.44) and a one year high of GBX 638.80 ($8.35).
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.
Further Reading: Return on Equity (ROE)
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