Jupiter Fund Management (JUP) Given “Hold” Rating at Numis Securities

Numis Securities reiterated their hold rating on shares of Jupiter Fund Management (LON:JUP) in a research note published on Friday. The brokerage currently has a GBX 310 ($4.05) target price on the stock.

A number of other research analysts have also issued reports on JUP. Shore Capital restated a hold rating on shares of Jupiter Fund Management in a report on Thursday, October 11th. Peel Hunt restated a hold rating on shares of Jupiter Fund Management in a report on Thursday, October 11th. JPMorgan Chase & Co. reduced their target price on shares of Jupiter Fund Management from GBX 440 ($5.75) to GBX 410 ($5.36) and set a neutral rating on the stock in a report on Friday, October 12th. Berenberg Bank reduced their target price on shares of Jupiter Fund Management from GBX 460 ($6.01) to GBX 405 ($5.29) and set a hold rating on the stock in a report on Thursday, October 11th. Finally, Citigroup restated a sell rating and issued a GBX 330 ($4.31) target price on shares of Jupiter Fund Management in a report on Monday, October 15th. Five equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of GBX 422.50 ($5.52).

LON JUP traded up GBX 6.50 ($0.08) during trading hours on Friday, reaching GBX 320.90 ($4.19). The company’s stock had a trading volume of 1,010,322 shares, compared to its average volume of 2,620,000. Jupiter Fund Management has a fifty-two week low of GBX 416 ($5.44) and a fifty-two week high of GBX 638.80 ($8.35).

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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