Jupiter Fund Management PLC (JUP) Given New GBX 495 Price Target at JPMorgan Chase & Co.
Jupiter Fund Management PLC (LON:JUP) had its price target lifted by JPMorgan Chase & Co. from GBX 465 ($5.75) to GBX 495 ($6.13) in a research note released on Friday. They currently have a neutral rating on the stock.
Several other equities analysts have also recently issued reports on JUP. BNP Paribas cut Jupiter Fund Management PLC to a neutral rating and set a GBX 415 ($5.14) price objective on the stock. in a research report on Monday, June 27th. Barclays PLC cut Jupiter Fund Management PLC to an equal weight rating and lowered their price target for the company from GBX 500 ($6.19) to GBX 400 ($4.95) in a report on Thursday, June 30th. Jefferies Group lowered their price target on Jupiter Fund Management PLC from GBX 472 ($5.84) to GBX 406 ($5.02) and set a buy rating on the stock in a report on Thursday, June 30th. Liberum Capital reissued a buy rating and set a GBX 452 ($5.59) price target on shares of Jupiter Fund Management PLC in a report on Tuesday, July 5th. Finally, Numis Securities Ltd reissued a buy rating and set a GBX 475 ($5.88) price target on shares of Jupiter Fund Management PLC in a report on Monday, July 11th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. Jupiter Fund Management PLC 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 trading on Friday, hitting GBX 443.55. The stock had a trading volume of 807,890 shares. The stock’s 50-day moving average price is GBX 433.69 and its 200 day moving average price 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. The firm’s market capitalization is GBX 2.00 billion.
In other Jupiter Fund Management PLC news, insider Carter,Edward Bonham sold 1,000,000 shares of the 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).
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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