Jupiter Fund Management PLC (LON:JUP) had its price target hoisted by stock analysts at Peel Hunt from GBX 495 ($6.51) to GBX 600 ($7.89) in a note issued to investors on Wednesday. The brokerage currently has an “add” rating on the stock. Peel Hunt’s price objective points to a potential upside of 8.40% from the stock’s previous close.
Other equities analysts also recently issued reports about the company. Shore Capital reaffirmed a “hold” rating on shares of Jupiter Fund Management PLC in a research report on Tuesday, August 15th. Jefferies Group LLC upped their price target on Jupiter Fund Management PLC from GBX 535 ($7.03) to GBX 565 ($7.43) and gave the stock a “buy” rating in a research report on Tuesday, July 11th. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 570 ($7.49) price target on shares of Jupiter Fund Management PLC in a research report on Wednesday, July 26th. Liberum Capital upped their price target on Jupiter Fund Management PLC from GBX 487 ($6.40) to GBX 591 ($7.77) and gave the stock a “buy” rating in a research report on Monday, July 17th. Finally, Barclays PLC upped their price target on Jupiter Fund Management PLC from GBX 470 ($6.18) to GBX 560 ($7.36) and gave the stock an “equal weight” rating in a research report on Thursday, July 20th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 520.67 ($6.85).
Shares of Jupiter Fund Management PLC (LON JUP) opened at 558.00 on Wednesday. The firm has a 50 day moving average price of GBX 538.45 and a 200-day moving average price of GBX 504.18. The company’s market cap is GBX 2.51 billion. Jupiter Fund Management PLC has a 12-month low of GBX 388.90 and a 12-month high of GBX 565.00.
About Jupiter Fund Management PLC
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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