Jupiter Fund Management (LON:JUP) Rating Reiterated by Citigroup
Other research analysts have also recently issued research reports about the company. Credit Suisse Group raised Jupiter Fund Management to a neutral rating and raised their target price for the company from GBX 200 ($2.61) to GBX 250 ($3.27) in a research note on Thursday, June 25th. Barclays lowered Jupiter Fund Management to an underweight rating and increased their price target for the company from GBX 200 ($2.61) to GBX 230 ($3.01) in a research report on Monday, July 20th. Peel Hunt restated an add rating on shares of Jupiter Fund Management in a research report on Wednesday, July 29th. UBS Group restated a buy rating and set a GBX 300 ($3.92) price objective (up from GBX 285 ($3.72)) on shares of Jupiter Fund Management in a research report on Monday, August 3rd. Finally, JPMorgan Chase & Co. reissued an overweight rating on shares of Jupiter Fund Management in a research note on Monday, July 13th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. Jupiter Fund Management has a consensus rating of Hold and a consensus target price of GBX 250 ($3.27).
Shares of LON JUP opened at GBX 202.60 ($2.65) on Monday. Jupiter Fund Management has a 1-year low of GBX 161.65 ($2.11) and a 1-year high of GBX 437.80 ($5.72). The company has a debt-to-equity ratio of 8.12, a current ratio of 2.08 and a quick ratio of 2.08. The business’s fifty day moving average price is GBX 213.83 and its two-hundred day moving average price is GBX 230.53. The firm has a market capitalization of $1.12 billion and a PE ratio of 11.01.
In related news, insider Wayne Mepham sold 17,002 shares of the business’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of GBX 208 ($2.72), for a total value of £35,364.16 ($46,209.54). Also, insider Karl Sternberg purchased 7,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The stock was bought at an average cost of GBX 210 ($2.74) per share, for a total transaction of £15,750 ($20,580.16).
About Jupiter Fund Management
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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