Deutsche Bank Aktiengesellschaft Increases Jupiter Fund Management (LON:JUP) Price Target to GBX 100

Jupiter Fund Management (LON:JUP) had its price target hoisted by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 90 ($1.16) to GBX 100 ($1.29) in a note issued to investors on Friday, Digital Look reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 13.64% from the company’s current price.

Several other brokerages have also recently commented on JUP. Barclays cut Jupiter Fund Management to an “underweight” rating and set a GBX 85 ($1.10) target price for the company. in a research report on Thursday, April 11th. Morgan Stanley lowered their target price on Jupiter Fund Management from GBX 92 ($1.19) to GBX 91 ($1.18) and set an “equal weight” rating for the company in a research note on Thursday, July 18th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 85.40 ($1.10).

Jupiter Fund Management Stock Performance

Shares of JUP traded down GBX 0.10 ($0.00) during mid-day trading on Friday, hitting GBX 88 ($1.14). The company’s stock had a trading volume of 854,515 shares, compared to its average volume of 1,161,552. Jupiter Fund Management has a one year low of GBX 71.10 ($0.92) and a one year high of GBX 120.30 ($1.56). 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 firm has a market capitalization of £449.75 million, a PE ratio of -2,933.33 and a beta of 1.41. The stock’s 50-day moving average is GBX 81.88 and its two-hundred day moving average is GBX 82.80.

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.