Jupiter Fund Management PLC (JUP) Price Target Raised to GBX 475 at BNP Paribas
Jupiter Fund Management PLC (LON:JUP) had its target price upped by research analysts at BNP Paribas from GBX 430 ($5.32) to GBX 475 ($5.88) in a report issued on Tuesday. The brokerage presently has a “neutral” rating on the stock. BNP Paribas’ price objective points to a potential upside of 8.32% from the stock’s current price.
Several other brokerages have also recently commented on JUP. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 520 ($6.44) target price on shares of Jupiter Fund Management PLC in a research report on Wednesday, October 5th. Macquarie reaffirmed an “underperform” rating and issued a GBX 360 ($4.46) target price on shares of Jupiter Fund Management PLC in a research report on Friday. Barclays PLC raised Jupiter Fund Management PLC to an “overweight” rating in a research report on Tuesday. Credit Suisse Group AG reaffirmed a “neutral” rating and issued a GBX 420 ($5.20) target price on shares of Jupiter Fund Management PLC in a research report on Monday, August 8th. Finally, JPMorgan Chase & Co. raised their target price on Jupiter Fund Management PLC from GBX 430 ($5.32) to GBX 465 ($5.75) and gave the stock a “neutral” rating in a research report on Tuesday, September 13th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 426.92 ($5.28).
Shares of Jupiter Fund Management PLC (LON:JUP) opened at 451.60 on Tuesday. Jupiter Fund Management PLC has a 1-year low of GBX 324.60 and a 1-year high of GBX 481.30. The firm’s market cap is GBX 2.03 billion. The stock has a 50 day moving average price of GBX 431.19 and a 200-day moving average price of GBX 415.48.
In other news, insider Carter,Edward Bonham sold 1,000,000 shares of Jupiter Fund Management PLC stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of GBX 417 ($5.16), for a total value of £4,170,000 ($5,160,891.09).
Jupiter Fund Management PLC Company Profile
Jupiter Fund Management plc (Jupiter) is a United Kingdom-based fund manager. The principal activity of the Company is to act as a holding company for a group of investment management companies. The Company operates through investment management business segment. The Company focuses primarily on managing equity investments on behalf of retail, institutional and private client investors across a range of products, including United Kingdom and offshore mutual funds, segregated mandates and investment trusts.
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