Jupiter Fund Management PLC (LON:JUP) had its price target increased by Jefferies Group LLC from GBX 535 ($6.97) to GBX 565 ($7.36) in a research report report published on Tuesday, July 11th, MarketBeat reports. Jefferies Group LLC currently has a buy rating on the stock.
A number of other research firms have also recently commented on JUP. Royal Bank Of Canada lifted their price target on shares of Jupiter Fund Management PLC from GBX 480 ($6.25) to GBX 495 ($6.45) and gave the stock a sector perform rating in a report on Monday, July 10th. Numis Securities Ltd reaffirmed an add rating and issued a GBX 570 ($7.42) price target on shares of Jupiter Fund Management PLC in a report on Friday, June 2nd. Berenberg Bank began coverage on shares of Jupiter Fund Management PLC in a report on Thursday, June 15th. They issued a hold rating and a GBX 500 ($6.51) price target on the stock. HSBC Holdings plc lifted their price target on shares of Jupiter Fund Management PLC from GBX 465 ($6.06) to GBX 530 ($6.90) and gave the stock a buy rating in a report on Tuesday, June 13th. Finally, Macquarie reaffirmed an underperform rating and issued a GBX 393 ($5.12) price target on shares of Jupiter Fund Management PLC in a report on Monday, May 15th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company. Jupiter Fund Management PLC currently has an average rating of Hold and a consensus price target of GBX 504.47 ($6.57).
Shares of Jupiter Fund Management PLC (LON:JUP) traded up 0.19% during trading on Tuesday, hitting GBX 528.50. The stock had a trading volume of 643,010 shares. Jupiter Fund Management PLC has a 52 week low of GBX 388.90 and a 52 week high of GBX 565.00. The company’s market capitalization is GBX 2.38 billion. The company’s 50 day moving average price is GBX 520.04 and its 200 day moving average price is GBX 467.17.
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The company also recently declared a dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Thursday, August 3rd will be issued a GBX 6.80 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, August 3rd. This represents a dividend yield of 1.28%.
In other news, insider Edward Bonham Carter sold 147,060 shares of the company’s stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of GBX 489 ($6.37), for a total value of £719,123.40 ($936,480.53).
Jupiter Fund Management PLC 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.
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