Shares of Jupiter Fund Management PLC (LON:JUP) have received a consensus rating of “Hold” from the sixteen brokerages that are presently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 529.40 ($7.18).
Several equities analysts have recently commented on the stock. UBS restated a “sell” rating on shares of Jupiter Fund Management in a report on Friday, May 11th. Barclays decreased their price objective on shares of Jupiter Fund Management from GBX 545 ($7.39) to GBX 395 ($5.36) and set an “underweight” rating on the stock in a report on Friday, April 27th. Peel Hunt decreased their price objective on shares of Jupiter Fund Management from GBX 600 ($8.14) to GBX 500 ($6.78) and set a “hold” rating on the stock in a report on Thursday, April 26th. Numis Securities reaffirmed a “hold” rating and set a GBX 510 ($6.92) target price on shares of Jupiter Fund Management in a research note on Wednesday, April 18th. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 634 ($8.60) target price on shares of Jupiter Fund Management in a research note on Wednesday, April 18th.
In other Jupiter Fund Management news, insider Edward Bonham Carter sold 56,837 shares of the stock in a transaction that occurred on Thursday, March 29th. The shares were sold at an average price of GBX 472 ($6.40), for a total value of £268,270.64 ($363,904.83). Also, insider Charlotte Jones sold 22,659 shares of the stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of GBX 513 ($6.96), for a total transaction of £116,240.67 ($157,678.61). Over the last ninety days, insiders have sold 384,193 shares of company stock worth $182,021,145.
Jupiter Fund Management (LON:JUP) last issued its quarterly earnings data on Tuesday, February 27th. The company reported GBX 34.20 ($0.46) EPS for the quarter, missing the consensus estimate of GBX 34.90 ($0.47) by GBX (0.70) (($0.01)). Jupiter Fund Management had a return on equity of 25.18% and a net margin of 34.27%. The company had revenue of £460.20 million during the quarter.
Jupiter Fund Management Company Profile
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.
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