Jupiter Fund Management PLC (JUP) Given New GBX 495 Price Target at JPMorgan Chase & Co.
Jupiter Fund Management PLC (LON:JUP) had its target price lifted by JPMorgan Chase & Co. from GBX 465 ($5.75) to GBX 495 ($6.13) in a research note published on Friday morning. JPMorgan Chase & Co. currently has a neutral rating on the stock.
A number of other research firms also recently weighed in on JUP. Numis Securities Ltd reiterated a buy rating and set a GBX 520 ($6.44) target price on shares of Jupiter Fund Management PLC in a research report on Wednesday, October 5th. Macquarie restated an underperform rating and set a GBX 360 ($4.46) price objective on shares of Jupiter Fund Management PLC in a research report on Friday, October 7th. Peel Hunt restated a buy rating and set a GBX 495 ($6.13) price objective on shares of Jupiter Fund Management PLC in a research report on Thursday. Shore Capital restated a hold rating and set a GBX 448 ($5.54) price objective on shares of Jupiter Fund Management PLC in a research report on Thursday. Finally, Liberum Capital upped their price objective on Jupiter Fund Management PLC from GBX 435 ($5.38) to GBX 487 ($6.03) and gave the stock a buy rating in a research report on Friday. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of GBX 447.86 ($5.54).
Shares of Jupiter Fund Management PLC (LON:JUP) traded up 0.10% during mid-day trading on Friday, reaching GBX 443.55. The company had a trading volume of 807,890 shares. The firm’s 50-day moving average price is GBX 433.69 and its 200 day moving average price is GBX 416.41. The company’s market cap is GBX 2.00 billion. Jupiter Fund Management PLC has a 52-week low of GBX 324.60 and a 52-week high of GBX 481.30.
In other news, insider Carter,Edward Bonham sold 1,000,000 shares of Jupiter Fund Management PLC stock in a transaction on 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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