Jupiter Fund Management (LON:JUP) Receives Hold Rating from Shore Capital
Shore Capital reaffirmed their hold rating on shares of Jupiter Fund Management (LON:JUP) in a research report report published on Monday, Stock Target Advisor reports.
Several other brokerages have also recently commented on JUP. Barclays increased their target price on shares of Jupiter Fund Management from GBX 310 ($4.08) to GBX 335 ($4.41) and gave the stock an underweight rating in a report on Monday, January 13th. Berenberg Bank reduced their target price on shares of Jupiter Fund Management from GBX 390 ($5.13) to GBX 367 ($4.83) and set a hold rating for the company in a report on Friday, October 25th. Peel Hunt restated a buy rating on shares of Jupiter Fund Management in a report on Friday, February 7th. JPMorgan Chase & Co. increased their target price on shares of Jupiter Fund Management from GBX 345 ($4.54) to GBX 400 ($5.26) and gave the stock a neutral rating in a report on Tuesday, January 7th. Finally, Credit Suisse Group increased their target price on shares of Jupiter Fund Management from GBX 320 ($4.21) to GBX 340 ($4.47) and gave the stock an underperform rating in a report on Friday, January 24th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of GBX 372.64 ($4.90).
Shares of JUP opened at GBX 401 ($5.27) on Monday. Jupiter Fund Management has a 12 month low of GBX 310.30 ($4.08) and a 12 month high of GBX 435 ($5.72). The firm has a fifty day simple moving average of GBX 392.41 and a 200 day simple moving average of GBX 366.44. The stock has a market capitalization of $1.83 billion and a price-to-earnings ratio of 13.83.
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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