JPMorgan Chase & Co. Reaffirms “Neutral” Rating for Jupiter Fund Management (LON:JUP)

Jupiter Fund Management (LON:JUP)‘s stock had its “neutral” rating reissued by stock analysts at JPMorgan Chase & Co. in a research note issued to investors on Friday, January 12th. They currently have a GBX 600 ($8.41) price objective on the stock. JPMorgan Chase & Co.’s price target points to a potential upside of 8.50% from the company’s current price.

Several other analysts have also recently issued reports on JUP. Numis Securities reiterated a “hold” rating and issued a GBX 580 ($8.13) target price on shares of Jupiter Fund Management in a research note on Tuesday, October 3rd. Peel Hunt increased their target price on shares of Jupiter Fund Management from GBX 495 ($6.94) to GBX 600 ($8.41) and gave the stock an “add” rating in a research note on Wednesday, October 11th. Shore Capital reiterated a “hold” rating on shares of Jupiter Fund Management in a research note on Wednesday, October 11th. Liberum Capital reiterated a “buy” rating and issued a GBX 591 ($8.29) target price on shares of Jupiter Fund Management in a research note on Wednesday, October 11th. Finally, Jefferies Group raised their price objective on shares of Jupiter Fund Management from GBX 565 ($7.92) to GBX 620 ($8.69) and gave the company a “buy” rating in a research report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of GBX 562.50 ($7.89).

Shares of Jupiter Fund Management (LON:JUP) opened at GBX 553 ($7.75) on Friday. Jupiter Fund Management has a 52 week low of GBX 402.60 ($5.64) and a 52 week high of GBX 638.80 ($8.96). The stock has a market cap of $2,570.00 and a P/E ratio of 1,783.87.

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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.

Analyst Recommendations for Jupiter Fund Management (LON:JUP)

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