Citigroup Reiterates Sell Rating for Jupiter Fund Management (JUP)

Jupiter Fund Management (LON:JUP)‘s stock had its “sell” rating restated by stock analysts at Citigroup in a report released on Thursday. They currently have a GBX 500 ($6.91) price objective on the stock. Citigroup’s target price would suggest a potential downside of 8.63% from the company’s current price.

A number of other analysts have also recently commented on the stock. Numis Securities reaffirmed a “hold” rating and set a GBX 595 ($8.22) target price on shares of Jupiter Fund Management in a report on Thursday, February 1st. Credit Suisse Group upped their target price on shares of Jupiter Fund Management from GBX 500 ($6.91) to GBX 550 ($7.60) and gave the company an “underperform” rating in a report on Wednesday, January 31st. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 600 ($8.29) target price on shares of Jupiter Fund Management in a report on Friday, January 12th. Barclays upped their target price on shares of Jupiter Fund Management from GBX 585 ($8.08) to GBX 600 ($8.29) and gave the company an “equal weight” rating in a report on Friday, January 12th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Jupiter Fund Management in a report on Thursday, January 11th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 558.33 ($7.71).

Shares of Jupiter Fund Management (JUP) opened at GBX 547.20 ($7.56) on Thursday. Jupiter Fund Management has a twelve month low of GBX 402.60 ($5.56) and a twelve month high of GBX 638.80 ($8.83). The company has a market cap of $2,490.00 and a P/E ratio of 1,765.16.

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Jupiter Fund Management Company Profile

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)

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