Jupiter Fund Management PLC (LON:JUP)‘s stock had its “add” rating restated by equities research analysts at Numis Securities Ltd in a note issued to investors on Friday. They presently have a GBX 520 ($6.50) price objective on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 19.40% from the company’s current price.

A number of other research analysts have also issued reports on the company. Barclays PLC upgraded Jupiter Fund Management PLC to an “overweight” rating in a research report on Tuesday, October 11th. Macquarie lowered Jupiter Fund Management PLC to an “underperform” rating and decreased their target price for the company from GBX 380 ($4.75) to GBX 360 ($4.50) in a research report on Monday, October 17th. JPMorgan Chase & Co. increased their target price on Jupiter Fund Management PLC from GBX 380 ($4.75) to GBX 430 ($5.37) and gave the company a “neutral” rating in a research report on Thursday, July 28th. Liberum Capital increased their target price on Jupiter Fund Management PLC from GBX 435 ($5.43) to GBX 487 ($6.08) and gave the company a “buy” rating in a research report on Friday, October 14th. Finally, Credit Suisse Group AG reiterated a “neutral” rating and set a GBX 474.09 ($5.92) target price on shares of Jupiter Fund Management PLC in a research report on Friday, October 14th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 452.51 ($5.65).

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

Shares of Jupiter Fund Management PLC (LON:JUP) opened at 436.70 on Friday. Jupiter Fund Management PLC has a 52-week low of GBX 324.60 and a 52-week high of GBX 476.60. The stock’s 50 day moving average is GBX 439.20 and its 200 day moving average is GBX 421.03. The company’s market cap is GBX 1.97 billion.

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About Jupiter Fund Management PLC

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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