Numis Securities Ltd restated their add rating on shares of Jupiter Fund Management PLC (LON:JUP) in a report released on Wednesday. The firm currently has a GBX 570 ($7.43) price objective on the stock.

Other equities research analysts have also recently issued reports about the company. HSBC Holdings plc upped their price objective on Jupiter Fund Management PLC from GBX 465 ($6.06) to GBX 530 ($6.90) and gave the stock a buy rating in a research note on Tuesday, June 13th. Liberum Capital upped their price objective on Jupiter Fund Management PLC from GBX 487 ($6.34) to GBX 591 ($7.70) and gave the stock a buy rating in a research note on Monday, July 17th. Shore Capital restated a hold rating on shares of Jupiter Fund Management PLC in a research note on Wednesday. Macquarie restated an underperform rating and set a GBX 393 ($5.12) price objective on shares of Jupiter Fund Management PLC in a research note on Monday, May 15th. Finally, J P Morgan Chase & Co upped their target price on Jupiter Fund Management PLC from GBX 450 ($5.86) to GBX 500 ($6.51) and gave the company a neutral rating in a research report on Thursday, April 27th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of GBX 504.47 ($6.57).

Jupiter Fund Management PLC (LON JUP) opened at 532.50 on Wednesday. The company’s market cap is GBX 2.40 billion. The firm has a 50-day moving average price of GBX 513.62 and a 200-day moving average price of GBX 461.33. Jupiter Fund Management PLC has a 12-month low of GBX 388.90 and a 12-month high of GBX 565.00.

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The business also recently announced a dividend, which will be paid on Wednesday, August 30th. Investors of record on Thursday, August 3rd will be issued a GBX 6.80 ($0.09) dividend. The ex-dividend date is Thursday, August 3rd. This represents a yield of 1.28%.

In other Jupiter Fund Management PLC news, insider Edward Bonham Carter sold 147,060 shares of Jupiter Fund Management PLC stock in a transaction dated Tuesday, June 6th. The stock was sold at an average price of GBX 489 ($6.37), for a total transaction of £719,123.40 ($936,846.53).

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.

Analyst Recommendations for Jupiter Fund Management PLC (LON:JUP)

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