Jupiter Fund Management (JUP) Downgraded to Hold at Peel Hunt

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.

TRADEMARK VIOLATION NOTICE: This article was reported by Community Financial News and is the sole property of of Community Financial News. If you are viewing this article on another website, it was copied illegally and reposted in violation of US & international copyright & trademark law. The correct version of this article can be viewed at https://www.com-unik.info/2018/01/11/jupiter-fund-management-jup-downgraded-to-hold-at-peel-hunt.html.

About Jupiter Fund Management

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.

Analyst Recommendations for Jupiter Fund Management (LON:JUP)

Receive News & Ratings for Jupiter Fund Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jupiter Fund Management and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit