Jupiter Fund Management PLC (LON:JUP) has been assigned a consensus rating of “Hold” from the eleven research firms that are covering the company, Marketbeat reports. Four investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 367.38 ($4.80).

A number of analysts recently commented on the company. Berenberg Bank lifted their price objective on Jupiter Fund Management from GBX 360 ($4.70) to GBX 390 ($5.10) and gave the stock a “hold” rating in a research report on Friday, June 14th. UBS Group decreased their price target on shares of Jupiter Fund Management from GBX 330 ($4.31) to GBX 310 ($4.05) and set a “sell” rating on the stock in a research note on Tuesday, August 13th. Peel Hunt reiterated a “buy” rating on shares of Jupiter Fund Management in a report on Monday, July 29th. Barclays cut their price objective on shares of Jupiter Fund Management from GBX 350 ($4.57) to GBX 330 ($4.31) and set an “underweight” rating for the company in a research report on Monday, July 8th. Finally, Shore Capital reissued a “hold” rating on shares of Jupiter Fund Management in a research note on Tuesday, July 30th.

Shares of LON:JUP traded up GBX 8 ($0.10) on Thursday, hitting GBX 360.50 ($4.71). The company had a trading volume of 8,378,670 shares, compared to its average volume of 2,620,000. Jupiter Fund Management has a 52-week low of GBX 274.10 ($3.58) and a 52-week high of GBX 435 ($5.68). The business has a 50 day moving average of GBX 351.07 and a 200 day moving average of GBX 368.85. The company has a market cap of $1.65 billion and a PE ratio of 12.43.

The business also recently declared a dividend, which was paid on Wednesday, August 28th. Shareholders of record on Thursday, August 8th were paid a dividend of GBX 7.90 ($0.10) per share. This represents a yield of 2.07%. The ex-dividend date of this dividend was Thursday, August 8th. Jupiter Fund Management’s dividend payout ratio is currently 0.59%.

In other Jupiter Fund Management news, insider Edward Bonham Carter sold 23,506 shares of Jupiter Fund Management stock in a transaction on Thursday, June 20th. The shares were sold at an average price of GBX 416 ($5.44), for a total value of £97,784.96 ($127,773.37).

Jupiter Fund Management Company Profile

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.

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Analyst Recommendations for Jupiter Fund Management (LON:JUP)

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