Analysts Set Jupiter Fund Management Plc (LON:JUP) Price Target at GBX 85.40

Shares of Jupiter Fund Management Plc (LON:JUP) have earned an average rating of “Reduce” from the five research firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and four have issued a hold recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 89.25 ($1.16).

A number of equities analysts recently weighed in on the stock. Morgan Stanley lowered their target price on shares of 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. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 100 ($1.30) price objective on shares of Jupiter Fund Management in a research report on Tuesday, September 3rd. Finally, UBS Group upgraded Jupiter Fund Management to a “neutral” rating in a research report on Wednesday, August 14th.

Jupiter Fund Management Stock Performance

LON:JUP opened at GBX 80.10 ($1.04) on Monday. The company has a debt-to-equity ratio of 11.23, a quick ratio of 1.79 and a current ratio of 1.70. Jupiter Fund Management has a fifty-two week low of GBX 71.10 ($0.92) and a fifty-two week high of GBX 95 ($1.23). The company has a 50 day simple moving average of GBX 84.69 and a two-hundred day simple moving average of GBX 82.75. The company has a market capitalization of £411.94 million, a PE ratio of -4,005.00 and a beta of 1.42.

Insider Transactions at Jupiter Fund Management

In other Jupiter Fund Management news, insider Wayne Mepham sold 57,059 shares of the stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of GBX 81 ($1.05), for a total value of £46,217.79 ($59,937.48). Insiders own 25.22% of the company’s stock.

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.