Jupiter Fund Management (LON:JUP) Downgraded by Barclays

Jupiter Fund Management (LON:JUP) was downgraded by investment analysts at Barclays to an “underweight” rating in a research note issued to investors on Thursday, Digital Look reports. They currently have a GBX 85 ($1.08) price target on the stock. Barclays‘s price objective would suggest a potential downside of 2.91% from the company’s previous close.

Separately, BNP Paribas upgraded Jupiter Fund Management to a “neutral” rating and set a GBX 81 ($1.03) target price for the company in a research report on Monday, February 12th.

Jupiter Fund Management Stock Performance

Shares of JUP stock opened at GBX 87.55 ($1.11) on Thursday. The company has a debt-to-equity ratio of 11.88, a quick ratio of 1.79 and a current ratio of 2.09. The stock has a market capitalization of £447.45 million, a price-to-earnings ratio of -2,918.33 and a beta of 1.39. Jupiter Fund Management has a one year low of GBX 71.10 ($0.90) and a one year high of GBX 138 ($1.75). The company’s 50-day simple moving average is GBX 86.24 and its 200-day simple moving average is GBX 84.87.

About Jupiter Fund Management

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.