Deutsche Bank Aktiengesellschaft Forecasts Strong Price Appreciation for Jupiter Fund Management (LON:JUP) Stock

Jupiter Fund Management (LON:JUP) had its target price boosted by Deutsche Bank Aktiengesellschaft from GBX 180 to GBX 185 in a report issued on Friday, Digital Look reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 12.94% from the company’s current price.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 187 price objective on shares of Jupiter Fund Management in a report on Tuesday, August 25th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Jupiter Fund Management currently has an average rating of “Moderate Buy” and a consensus price target of GBX 176.

Jupiter Fund Management Trading Up 0.4%

JUP stock traded up GBX 0.60 during midday trading on Friday, reaching GBX 163.80. The stock had a trading volume of 901,173 shares, compared to its average volume of 4,416,348. The business has a fifty day simple moving average of GBX 165.76 and a two-hundred day simple moving average of GBX 167.28. The company has a quick ratio of 1.79, a current ratio of 1.58 and a debt-to-equity ratio of 4.75. The firm has a market cap of £820.89 million, a price-to-earnings ratio of 8.85 and a beta of 1.30. Jupiter Fund Management has a twelve month low of GBX 113.40 and a twelve month high of GBX 214.50.

Jupiter Fund Management (LON:JUP) last released its earnings results on Thursday, July 23rd. The company reported GBX 7.20 earnings per share (EPS) for the quarter. Jupiter Fund Management had a net margin of 19.32% and a return on equity of 11.59%. As a group, research analysts expect that Jupiter Fund Management will post 8.5093781 EPS for the current fiscal year.

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. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.