Jupiter Fund Management Plc (LON:JUP – Get Free Report)’s stock price dropped 0.3% on Friday. The company traded as low as GBX 183 and last traded at GBX 185.20. Approximately 289,890 shares were traded during trading, a decline of 93% from the average session volume of 4,052,445 shares. The stock had previously closed at GBX 185.80.
Analysts Set New Price Targets
A number of research firms have recently issued reports on JUP. Berenberg Bank raised their price target on shares of Jupiter Fund Management from GBX 187 to GBX 200 and gave the stock a “buy” rating in a research report on Friday, October 16th. Deutsche Bank lifted their price target on shares of Jupiter Fund Management from GBX 180 to GBX 185 and gave the company a “hold” rating in a report on Friday, September 4th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 192.50.
Check Out Our Latest Stock Report on JUP
Jupiter Fund Management Price Performance
The company has a market capitalization of £928.13 million, a P/E ratio of 10.01 and a beta of 1.30. The company has a fifty day moving average price of GBX 170.73 and a 200 day moving average price of GBX 169.57. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.58 and a quick ratio of 1.79.
Insider Activity
In related news, insider Matthew Beesley sold 447,370 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of GBX 173, for a total transaction of £773,950.10. Company insiders own 4.21% of the company’s stock.
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. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.
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