Jupiter Fund Management Plc (LON:JUP) Given Average Rating of “Reduce” by Analysts

Jupiter Fund Management Plc (LON:JUP) has been assigned an average recommendation of “Reduce” from the six brokerages that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 87.40 ($1.09).

Separately, Citigroup decreased their price target on shares of Jupiter Fund Management from GBX 92 ($1.15) to GBX 80 ($1.00) and set a “neutral” rating for the company in a research note on Thursday, January 23rd.

Insider Buying and Selling at Jupiter Fund Management

In other Jupiter Fund Management news, insider James Macpherson bought 30,000 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was acquired at an average price of GBX 83 ($1.03) per share, with a total value of £24,900 ($31,001.00). Insiders own 25.22% of the company’s stock.

Jupiter Fund Management Price Performance

JUP stock opened at GBX 77.60 ($0.97) on Thursday. Jupiter Fund Management has a 1 year low of GBX 73.40 ($0.91) and a 1 year high of GBX 93.95 ($1.17). The company has a market cap of £399.08 million, a P/E ratio of -3,880.00 and a beta of 1.42. The firm has a 50-day moving average of GBX 82.72 and a 200 day moving average of GBX 83.33. The company has a debt-to-equity ratio of 11.23, a current ratio of 1.70 and a quick ratio of 1.79.

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.