Jupiter Fund Management (LON:JUP) Reaches New 52-Week High Following Analyst Upgrade

Jupiter Fund Management Plc (LON:JUPGet Free Report) shares reached a new 52-week high on Tuesday after Deutsche Bank Aktiengesellschaft raised their price target on the stock from GBX 165 to GBX 175. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock. Jupiter Fund Management traded as high as GBX 194 and last traded at GBX 194, with a volume of 2925990 shares. The stock had previously closed at GBX 187.60.

Separately, Peel Hunt reissued a “buy” rating and issued a GBX 156 target price on shares of Jupiter Fund Management in a report on Wednesday, October 15th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Jupiter Fund Management presently has a consensus rating of “Hold” and an average target price of GBX 150.33.

Check Out Our Latest Analysis on Jupiter Fund Management

Jupiter Fund Management Price Performance

The company has a 50 day moving average price of GBX 166.16 and a 200-day moving average price of GBX 147.24. The company has a market cap of £980.72 million, a price-to-earnings ratio of 17.81 and a beta of 1.42. The company has a quick ratio of 1.79, a current ratio of 1.70 and a debt-to-equity ratio of 11.23.

About Jupiter Fund Management

(Get Free Report)

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. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.

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