J P Morgan Chase & Co Reiterates Neutral Rating for Jupiter Fund Management PLC (JUP)
Jupiter Fund Management PLC (LON:JUP)‘s stock had its “neutral” rating reaffirmed by investment analysts at J P Morgan Chase & Co in a research report issued to clients and investors on Thursday. They presently have a GBX 550 ($7.42) price target on the stock. J P Morgan Chase & Co’s price target points to a potential upside of 3.48% from the company’s current price.
A number of other equities analysts have also commented on JUP. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 570 ($7.69) price objective on shares of Jupiter Fund Management PLC in a research note on Friday, June 2nd. HSBC Holdings plc lifted their price objective on Jupiter Fund Management PLC from GBX 465 ($6.27) to GBX 530 ($7.15) and gave the stock a “buy” rating in a research note on Tuesday, June 13th. Berenberg Bank started coverage on Jupiter Fund Management PLC in a research note on Thursday, June 15th. They issued a “hold” rating and a GBX 500 ($6.74) price objective on the stock. Royal Bank Of Canada boosted their price target on Jupiter Fund Management PLC from GBX 480 ($6.47) to GBX 495 ($6.67) and gave the company a “sector perform” rating in a research note on Monday, July 10th. Finally, Jefferies Group LLC boosted their price target on Jupiter Fund Management PLC from GBX 535 ($7.21) to GBX 565 ($7.62) and gave the company a “buy” rating in a research note on Tuesday, July 11th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company’s stock. Jupiter Fund Management PLC presently has a consensus rating of “Hold” and a consensus price target of GBX 513.67 ($6.93).
Shares of Jupiter Fund Management PLC (LON JUP) opened at 531.50 on Thursday. The company’s market capitalization is GBX 2.39 billion. Jupiter Fund Management PLC has a 52 week low of GBX 388.90 and a 52 week high of GBX 565.00. The stock has a 50 day moving average price of GBX 530.14 and a 200-day moving average price of GBX 490.95.
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Jupiter Fund Management PLC Company Profile
Jupiter Fund Management plc is a fund manager. The principal activity of the Company is to act as a holding company for a group of investment management companies. The Company focuses primarily on managing equity investments on behalf of retail, institutional and private client investors across a range of products, including the United Kingdom and offshore mutual funds, segregated mandates and investment trusts.
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