Morgan Stanley Lowers Jupiter Fund Management (LON:JUP) Price Target to GBX 91

Jupiter Fund Management (LON:JUP) had its price target decreased by Morgan Stanley from GBX 92 ($1.19) to GBX 91 ($1.18) in a research report report published on Thursday, Marketbeat reports. Morgan Stanley currently has an equal weight rating on the stock.

Separately, Barclays lowered Jupiter Fund Management to an underweight rating and set a GBX 85 ($1.10) price target on the stock. in a report on Thursday, April 11th.

Jupiter Fund Management Stock Performance

JUP stock opened at GBX 84.30 ($1.09) on Thursday. The company has a debt-to-equity ratio of 11.88, a quick ratio of 1.79 and a current ratio of 2.09. The stock has a market capitalization of £430.84 million, a price-to-earnings ratio of -2,810.00 and a beta of 1.41. Jupiter Fund Management has a 1 year low of GBX 71.10 ($0.92) and a 1 year high of GBX 128.30 ($1.66). The stock’s fifty day moving average is GBX 81.91 and its two-hundred day moving average is GBX 82.76.

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.