Numis Securities Ltd reiterated their hold rating on shares of Jupiter Fund Management PLC (LON:JUP) in a research note released on Wednesday. The brokerage currently has a GBX 580 ($7.63) price objective on the stock.
Other equities research analysts also recently issued reports about the company. Peel Hunt boosted their target price on Jupiter Fund Management PLC from GBX 495 ($6.51) to GBX 600 ($7.89) and gave the stock an add rating in a report on Wednesday. Liberum Capital boosted their target price on Jupiter Fund Management PLC from GBX 487 ($6.40) to GBX 591 ($7.77) and gave the stock a buy rating in a report on Monday, July 17th. Jefferies Group LLC boosted their target price on Jupiter Fund Management PLC from GBX 535 ($7.03) to GBX 565 ($7.43) and gave the stock a buy rating in a report on Tuesday, July 11th. HSBC Holdings plc boosted their target price on Jupiter Fund Management PLC from GBX 465 ($6.11) to GBX 530 ($6.97) and gave the stock a buy rating in a report on Tuesday, June 13th. Finally, Barclays PLC boosted their target price 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 report on Thursday, July 20th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company. Jupiter Fund Management PLC has a consensus rating of Hold and a consensus price target of GBX 525.33 ($6.91).
Jupiter Fund Management PLC (LON:JUP) traded up 3.94% during midday trading on Wednesday, reaching GBX 580.00. The company had a trading volume of 1,304,525 shares. The company has a 50-day moving average of GBX 539.27 and a 200-day moving average of GBX 505.14. Jupiter Fund Management PLC has a 12-month low of GBX 388.90 and a 12-month high of GBX 580.00. The stock’s market capitalization is GBX 2.61 billion.
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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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