Jupiter Fund Management PLC (LON:JUP) was downgraded by analysts at Numis Securities Ltd to an “add” rating in a note issued to investors on Wednesday. They presently have a GBX 520 ($6.50) target price on the stock, down from their previous target price of GBX 545 ($6.81). Numis Securities Ltd’s price target would suggest a potential upside of 16.28% from the company’s previous close.

Other analysts have also issued reports about the stock. Liberum Capital reaffirmed a “buy” rating and set a GBX 354 ($4.42) price target on shares of Jupiter Fund Management PLC in a research report on Wednesday, July 27th. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 420 ($5.25) price target on shares of Jupiter Fund Management PLC in a research report on Thursday, July 28th. Panmure Gordon reaffirmed a “sell” rating and set a GBX 345 ($4.31) price target on shares of Jupiter Fund Management PLC in a research report on Wednesday, July 27th. Societe Generale raised shares of Jupiter Fund Management PLC to a “buy” rating and dropped their price objective for the company from GBX 475 ($5.93) to GBX 460 ($5.75) in a research report on Tuesday, July 26th. Finally, BNP Paribas reissued a “neutral” rating and issued a GBX 440 ($5.50) price objective on shares of Jupiter Fund Management PLC in a research report on Thursday, July 28th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 452.15 ($5.65).

Analyst Recommendations for Jupiter Fund Management PLC (LON:JUP)

Jupiter Fund Management PLC (LON:JUP) opened at 447.20 on Wednesday. The firm has a 50-day moving average of GBX 439.42 and a 200-day moving average of GBX 420.40. The firm’s market capitalization is GBX 2.01 billion. Jupiter Fund Management PLC has a 52-week low of GBX 324.60 and a 52-week high of GBX 476.60.

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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