Numis Securities Boosts Jupiter Fund Management (JUP) Price Target to GBX 595
Jupiter Fund Management (LON:JUP) had its price objective hoisted by Numis Securities from GBX 590 ($7.89) to GBX 595 ($7.96) in a report issued on Wednesday morning. They currently have a hold rating on the stock.
Several other research analysts have also commented on the company. JPMorgan Chase & Co. lifted their price target on Jupiter Fund Management from GBX 550 ($7.35) to GBX 565 ($7.55) and gave the stock a neutral rating in a report on Thursday, October 12th. HSBC lowered Jupiter Fund Management to a hold rating and lifted their price target for the stock from GBX 575 ($7.69) to GBX 610 ($8.16) in a report on Thursday, November 23rd. Liberum Capital reiterated a buy rating and set a GBX 664 ($8.88) price target on shares of Jupiter Fund Management in a report on Friday, December 8th. Jefferies Group lifted their price target on Jupiter Fund Management from GBX 565 ($7.55) to GBX 620 ($8.29) and gave the stock a buy rating in a report on Thursday, October 12th. Finally, Peel Hunt boosted their price objective on shares of Jupiter Fund Management from GBX 495 ($6.62) to GBX 600 ($8.02) and gave the company an add rating in a report on Wednesday, October 11th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the stock. Jupiter Fund Management presently has a consensus rating of Hold and a consensus price target of GBX 556.07 ($7.44).
Jupiter Fund Management (LON JUP) opened at GBX 631.40 ($8.44) on Wednesday. Jupiter Fund Management has a fifty-two week low of GBX 388.90 ($5.20) and a fifty-two week high of GBX 638.80 ($8.54). The company has a market capitalization of $2,890.00 and a price-to-earnings ratio of 2,036.77.
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About Jupiter Fund Management
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.
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