Jupiter Fund Management PLC’s (JUP) Neutral Rating Reaffirmed at Credit Suisse Group AG
Credit Suisse Group AG reissued their neutral rating on shares of Jupiter Fund Management PLC (LON:JUP) in a research report released on Friday morning. The brokerage currently has a GBX 474.09 ($5.87) price target on the stock.
JUP has been the subject of a number of other reports. Numis Securities Ltd restated a buy rating and issued a GBX 475 ($5.88) target price on shares of Jupiter Fund Management PLC in a report on Monday, July 11th. Panmure Gordon restated a sell rating and issued a GBX 345 ($4.27) target price on shares of Jupiter Fund Management PLC in a report on Wednesday, July 27th. BNP Paribas restated a neutral rating and issued a GBX 440 ($5.45) target price on shares of Jupiter Fund Management PLC in a report on Thursday, July 28th. Liberum Capital restated a buy rating and issued a GBX 354 ($4.38) target price on shares of Jupiter Fund Management PLC in a report on Wednesday, July 27th. Finally, Jefferies Group lowered their target price on shares of Jupiter Fund Management PLC from GBX 472 ($5.84) to GBX 406 ($5.02) and set a buy rating for the company in a report on Thursday, June 30th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. The stock currently 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 midday trading on Friday, hitting GBX 443.55. 807,890 shares of the company’s stock were exchanged. The stock’s market cap is GBX 2.00 billion. The stock’s 50 day moving average is GBX 433.69 and its 200-day moving average is GBX 416.41. Jupiter Fund Management PLC has a 1-year low of GBX 324.60 and a 1-year high of GBX 481.30.
In other news, insider Carter,Edward Bonham sold 1,000,000 shares of the business’s stock in a transaction on Thursday, July 28th. The shares were sold at an average price of GBX 417 ($5.16), for a total transaction 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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