Jupiter Fund Management (LON:JUP) was downgraded by analysts at Peel Hunt to a “hold” rating in a research note issued on Thursday. They currently have a GBX 600 ($8.14) target price on the stock. Peel Hunt’s price target indicates a potential upside of 1.21% from the stock’s current price.
A number of other equities research analysts also recently issued reports on the stock. Numis Securities restated a “hold” rating and issued a GBX 595 ($8.07) target price on shares of Jupiter Fund Management in a report on Thursday. JPMorgan Chase & Co. boosted their target price on shares of Jupiter Fund Management from GBX 565 ($7.66) to GBX 600 ($8.14) and gave the company a “neutral” rating in a report on Wednesday, December 13th. Liberum Capital restated a “buy” rating and issued a GBX 664 ($9.00) target price on shares of Jupiter Fund Management in a report on Friday, December 8th. HSBC downgraded shares of Jupiter Fund Management to a “hold” rating and boosted their target price for the company from GBX 575 ($7.80) to GBX 610 ($8.27) in a report on Thursday, November 23rd. Finally, Berenberg Bank boosted their target price on shares of Jupiter Fund Management from GBX 500 ($6.78) to GBX 560 ($7.59) and gave the company a “hold” rating in a report on Thursday, October 19th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the stock. Jupiter Fund Management presently has an average rating of “Hold” and a consensus price target of GBX 556.07 ($7.54).
Shares of Jupiter Fund Management (LON:JUP) opened at GBX 592.80 ($8.04) on Thursday. Jupiter Fund Management has a twelve month low of GBX 388.90 ($5.27) and a twelve month high of GBX 638.80 ($8.66). The company has a market cap of $2,730.00 and a PE ratio of 1,912.26.
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Jupiter Fund Management plc is a fund manager. The principal activity of the Company is to act as a holding company for a group of investment management companies. The Company focuses primarily on managing equity investments on behalf of retail, institutional and private client investors across a range of products, including the United Kingdom and offshore mutual funds, segregated mandates and investment trusts.
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