Jupiter Fund Management (LON:JUP) had its price target cut by JPMorgan Chase & Co. from GBX 440 ($5.75) to GBX 410 ($5.36) in a research report released on Friday morning. They currently have a neutral rating on the stock.
Several other equities analysts have also weighed in on the stock. Peel Hunt restated a hold rating on shares of Jupiter Fund Management in a report on Thursday. Shore Capital restated a hold rating on shares of Jupiter Fund Management in a report on Thursday. UBS Group restated a sell rating on shares of Jupiter Fund Management in a report on Friday, October 5th. Numis Securities began coverage on shares of Jupiter Fund Management in a report on Thursday, October 4th. They set a hold rating and a GBX 410 ($5.36) target price on the stock. Finally, Credit Suisse Group restated an underperform rating on shares of Jupiter Fund Management in a report on Thursday, August 23rd. Five equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of GBX 472.93 ($6.18).
Shares of LON:JUP traded down GBX 2.70 ($0.04) during midday trading on Friday, hitting GBX 345.50 ($4.51). 4,062,763 shares of the company’s stock traded hands, compared to its average volume of 2,620,000. Jupiter Fund Management has a twelve month low of GBX 416 ($5.44) and a twelve month high of GBX 638.80 ($8.35).
Jupiter Fund Management (LON:JUP) last posted its earnings results on Friday, July 27th. The company reported GBX 17.10 ($0.22) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 17.20 ($0.22) by GBX (0.10) ($0.00). Jupiter Fund Management had a net margin of 34.27% and a return on equity of 25.18%.
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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