Jupiter Fund Management (LON:JUP) Price Target Cut to GBX 330 by Analysts at UBS Group

Jupiter Fund Management (LON:JUP) had its price objective decreased by UBS Group from GBX 345 ($4.51) to GBX 330 ($4.31) in a research note released on Wednesday morning, ThisIsMoney.Co.Uk reports. UBS Group currently has a sell rating on the stock.

JUP has been the subject of a number of other reports. Berenberg Bank set a €54.00 ($62.79) price target on shares of 1&1 Drillisch and gave the company a buy rating in a report on Friday, June 14th. Shore Capital reaffirmed a hold rating on shares of Greggs in a report on Tuesday, May 14th. Numis Securities reaffirmed a buy rating and set a GBX 1,800 ($23.52) price target on shares of in a report on Monday, June 3rd. Bank of America reaffirmed a buy rating on shares of Continental in a report on Wednesday, May 15th. Finally, Peel Hunt reaffirmed an under review rating on shares of Motif Bio in a report on Monday, July 15th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 381.73 ($4.99).

JUP opened at GBX 378.40 ($4.94) on Wednesday. The company’s fifty day moving average price is GBX 393.63. The firm has a market cap of $1.73 billion and a price-to-earnings ratio of 12.17. Jupiter Fund Management has a twelve month low of GBX 274.10 ($3.58) and a twelve month high of GBX 454.40 ($5.94).

In other Jupiter Fund Management news, insider Edward Bonham Carter sold 23,506 shares of the firm’s stock in a transaction on Thursday, June 20th. The shares were sold at an average price of GBX 416 ($5.44), for a total transaction of £97,784.96 ($127,773.37). Also, insider Andrew Formica acquired 498 shares of the firm’s stock in a transaction on Tuesday, May 7th. The shares were bought at an average cost of GBX 362 ($4.73) per share, with a total value of £1,802.76 ($2,355.63). Over the last three months, insiders have acquired 165,498 shares of company stock valued at $59,165,276.

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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