Jupiter Fund Management (LON:JUP)‘s stock had its “hold” rating reiterated by equities researchers at Numis Securities in a research note issued to investors on Thursday. They presently have a GBX 595 ($8.36) price objective on the stock. Numis Securities’ target price points to a potential upside of 3.16% from the stock’s previous close.
A number of other analysts have also recently weighed in on JUP. Peel Hunt raised their price objective on Jupiter Fund Management from GBX 495 ($6.95) to GBX 600 ($8.43) and gave the stock an “add” rating in a research report on Wednesday, October 11th. Shore Capital reissued a “hold” rating on shares of Jupiter Fund Management in a research report on Wednesday, October 11th. Liberum Capital reissued a “buy” rating and issued a GBX 591 ($8.30) price objective on shares of Jupiter Fund Management in a research report on Wednesday, October 11th. JPMorgan Chase & Co. lifted their price target on Jupiter Fund Management from GBX 550 ($7.72) to GBX 565 ($7.93) and gave the stock a “neutral” rating in a research report on Thursday, October 12th. Finally, Jefferies Group lifted their price target on Jupiter Fund Management from GBX 565 ($7.93) to GBX 620 ($8.71) and gave the stock a “buy” rating in a research report on Thursday, October 12th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 562.50 ($7.90).
Shares of Jupiter Fund Management (LON JUP) opened at GBX 576.80 ($8.10) on Thursday. The firm has a market capitalization of $2,660.00 and a price-to-earnings ratio of 1,860.65. Jupiter Fund Management has a 52-week low of GBX 402.60 ($5.65) and a 52-week high of GBX 638.80 ($8.97).
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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.
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