Jupiter Fund Management (LON:JUP) Reaches New 1-Year High – Still a Buy?

Shares of Jupiter Fund Management Plc (LON:JUPGet Free Report) hit a new 52-week high during trading on Friday . The company traded as high as GBX 214.50 and last traded at GBX 198.08, with a volume of 6005671 shares traded. The stock had previously closed at GBX 188.

Jupiter Fund Management News Roundup

Here are the key news stories impacting Jupiter Fund Management this week:

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft raised their target price on shares of Jupiter Fund Management from GBX 165 to GBX 175 and gave the company a “hold” rating in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of GBX 150.33.

Get Our Latest Research Report on JUP

Jupiter Fund Management Price Performance

The company has a debt-to-equity ratio of 11.23, a quick ratio of 1.79 and a current ratio of 1.70. The company has a 50-day moving average price of GBX 178.87 and a 200-day moving average price of GBX 153.81. The firm has a market capitalization of £982.76 million, a P/E ratio of 17.85 and a beta of 1.42.

Jupiter Fund Management (LON:JUPGet Free Report) last released its earnings results on Thursday, February 26th. The company reported GBX 19.40 earnings per share for the quarter. Jupiter Fund Management had a negative return on equity of 1.13% and a negative net margin of 2.34%. On average, sell-side analysts predict that Jupiter Fund Management Plc will post 8.5093781 earnings per share for the current year.

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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