Jupiter Fund Management (JUP) Upgraded by Shore Capital to “Buy”

Shore Capital upgraded shares of Jupiter Fund Management (LON:JUP) to a buy rating in a research note released on Thursday.

Several other research firms have also issued reports on JUP. Numis Securities reiterated a hold rating on shares of Jupiter Fund Management in a research report on Thursday, September 20th. UBS Group reiterated a sell rating on shares of Jupiter Fund Management in a research report on Friday, October 5th. Peel Hunt reiterated a hold rating on shares of Jupiter Fund Management in a research report on Thursday, October 11th. JPMorgan Chase & Co. reduced their price target on shares of Jupiter Fund Management from GBX 440 ($5.75) to GBX 410 ($5.36) and set a neutral rating on the stock in a research report on Friday, October 12th. Finally, Berenberg Bank reduced their price target on shares of Jupiter Fund Management from GBX 460 ($6.01) to GBX 405 ($5.29) and set a hold rating on the stock in a research report on Thursday, October 11th. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of GBX 421.67 ($5.51).

Shares of LON JUP traded up GBX 2.10 ($0.03) during trading hours on Thursday, hitting GBX 309.90 ($4.05). 1,139,495 shares of the stock were exchanged, compared to its average volume of 2,620,000. Jupiter Fund Management has a 1-year low of GBX 416 ($5.44) and a 1-year high of GBX 638.80 ($8.35).

About Jupiter Fund Management

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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