Jupiter Fund Management PLC (LON:JUP) has been given a consensus rating of “Hold” by the eleven ratings firms that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 367.38 ($4.80).

A number of analysts have recently weighed in on JUP shares. UBS Group dropped their price target on Jupiter Fund Management from GBX 330 ($4.31) to GBX 310 ($4.05) and set a “sell” rating on the stock in a research report on Tuesday, August 13th. Numis Securities reaffirmed a “hold” rating and issued a GBX 390 ($5.10) target price on shares of Jupiter Fund Management in a research report on Monday, June 3rd. Barclays dropped their target price on Jupiter Fund Management from GBX 350 ($4.57) to GBX 330 ($4.31) and set an “underweight” rating on the stock in a research report on Monday, July 8th. Shore Capital reiterated a “hold” rating on shares of Jupiter Fund Management in a research note on Tuesday, July 30th. Finally, Berenberg Bank boosted their price target on shares of Jupiter Fund Management from GBX 360 ($4.70) to GBX 390 ($5.10) and gave the company a “hold” rating in a report on Friday, June 14th.

Shares of LON:JUP traded up GBX 8 ($0.10) during trading on Thursday, hitting GBX 360.50 ($4.71). 8,378,670 shares of the company traded hands, compared to its average volume of 2,620,000. The stock has a market capitalization of $1.65 billion and a price-to-earnings ratio of 12.43. The business’s fifty day moving average is GBX 351.07 and its 200-day moving average is GBX 368.85. Jupiter Fund Management has a one year low of GBX 274.10 ($3.58) and a one year high of GBX 435 ($5.68).

The firm also recently disclosed a dividend, which was paid on Wednesday, August 28th. Investors of record on Thursday, August 8th were issued a GBX 7.90 ($0.10) dividend. This represents a yield of 2.07%. The ex-dividend date of this dividend was Thursday, August 8th. Jupiter Fund Management’s dividend payout ratio (DPR) is 0.59%.

In related news, insider Edward Bonham Carter sold 23,506 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of GBX 416 ($5.44), for a total value of £97,784.96 ($127,773.37).

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.

Read More: Diversification Important in Investing

Analyst Recommendations for Jupiter Fund Management (LON:JUP)

Receive News & Ratings for Jupiter Fund Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jupiter Fund Management and related companies with MarketBeat.com's FREE daily email newsletter.