Jupiter Fund Management (LON:JUP) Given New GBX 340 Price Target at Credit Suisse Group

Jupiter Fund Management (LON:JUP) had its price target increased by analysts at Credit Suisse Group from GBX 320 ($4.21) to GBX 340 ($4.47) in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports. The brokerage currently has an “underperform” rating on the stock. Credit Suisse Group’s price objective would suggest a potential downside of 11.41% from the stock’s previous close.

A number of other research analysts also recently weighed in on the company. JPMorgan Chase & Co. upped their price target on Jupiter Fund Management from GBX 345 ($4.54) to GBX 400 ($5.26) and gave the stock a “neutral” rating in a research note on Tuesday, January 7th. Barclays upped their price target on Jupiter Fund Management from GBX 310 ($4.08) to GBX 335 ($4.41) and gave the stock an “underweight” rating in a research note on Monday, January 13th. Shore Capital reaffirmed a “hold” rating on shares of Jupiter Fund Management in a research note on Friday, October 11th. Berenberg Bank dropped their price target on Jupiter Fund Management from GBX 390 ($5.13) to GBX 367 ($4.83) and set a “hold” rating on the stock in a research note on Friday, October 25th. Finally, Jefferies Financial Group raised Jupiter Fund Management to a “hold” rating and upped their price target for the stock from GBX 340 ($4.47) to GBX 350 ($4.60) in a research note on Tuesday, November 5th. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of GBX 373.70 ($4.92).

JUP stock opened at GBX 383.80 ($5.05) on Friday. The stock’s 50 day simple moving average is GBX 398.47 and its 200 day simple moving average is GBX 365.90. Jupiter Fund Management has a fifty-two week low of GBX 299.40 ($3.94) and a fifty-two week high of GBX 435 ($5.72). The company has a market cap of $1.76 billion and a P/E ratio of 13.23.

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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Analyst Recommendations for Jupiter Fund Management (LON:JUP)

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