Jupiter Fund Management (JUP) Rating Reiterated by Numis Securities
Jupiter Fund Management (LON:JUP)‘s stock had its “hold” rating reiterated by research analysts at Numis Securities in a research report issued to clients and investors on Monday.
A number of other research firms have also weighed in on JUP. UBS Group reaffirmed a “sell” rating on shares of Jupiter Fund Management in a research report on Friday, May 11th. Peel Hunt reaffirmed a “hold” rating on shares of Jupiter Fund Management in a research report on Friday, July 27th. Shore Capital reaffirmed a “hold” rating on shares of Jupiter Fund Management in a research report on Friday, July 27th. Jefferies Financial Group cut their price objective on Jupiter Fund Management from GBX 498 ($6.42) to GBX 480 ($6.19) and set a “hold” rating on the stock in a research report on Monday, July 23rd. Finally, Credit Suisse Group reaffirmed an “underperform” rating on shares of Jupiter Fund Management in a research report on Thursday, August 23rd. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 496.21 ($6.40).
Jupiter Fund Management stock opened at GBX 411.30 ($5.31) on Monday. Jupiter Fund Management has a twelve month low of GBX 416 ($5.37) and a twelve month high of GBX 638.80 ($8.24).
In other Jupiter Fund Management news, insider Edward Bonham Carter sold 42,290 shares of the firm’s stock in a transaction dated Wednesday, June 13th. The stock was sold at an average price of GBX 471 ($6.08), for a total transaction of £199,185.90 ($256,947.76).
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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