UBS Group restated their sell rating on shares of Jupiter Fund Management (LON:JUP) in a report issued on Wednesday morning, investing.thisismoney.co.uk reports.
Other equities analysts have also issued reports about the stock. Peel Hunt reaffirmed a hold rating on shares of Jupiter Fund Management in a report on Friday, July 27th. Numis Securities reaffirmed a hold rating on shares of Jupiter Fund Management in a report on Thursday, September 20th. Shore Capital reaffirmed a hold rating on shares of Jupiter Fund Management in a report on Friday, July 27th. JPMorgan Chase & Co. cut their price target on shares of Jupiter Fund Management from GBX 440 ($5.75) to GBX 410 ($5.36) and set a neutral rating on the stock in a report on Friday, October 12th. Finally, Citigroup reaffirmed a sell rating and issued a GBX 330 ($4.31) price target on shares of Jupiter Fund Management in a report on Monday, October 15th. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of Hold and an average price target of GBX 451.15 ($5.90).
LON JUP traded down GBX 0.60 ($0.01) on Wednesday, hitting GBX 333.40 ($4.36). The stock had a trading volume of 790,814 shares, compared to its average volume of 2,620,000. Jupiter Fund Management has a 52-week low of GBX 416 ($5.44) and a 52-week high of GBX 638.80 ($8.35).
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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