Jupiter Fund Management PLC’s (LON:JUP) Neutral Rating Reaffirmed at BNP Paribas

Jupiter Fund Management PLC (LON:JUP)‘s stock had its “neutral” rating reiterated by equities researchers at BNP Paribas in a research report issued on Tuesday, July 18th. They currently have a GBX 490 ($6.46) price objective on the stock. BNP Paribas’ price objective suggests a potential downside of 7.55% from the company’s current price.

JUP has been the topic of several other reports. HSBC Holdings plc lifted their target price on Jupiter Fund Management PLC from GBX 465 ($6.13) to GBX 530 ($6.99) and gave the stock a “buy” rating in a report on Tuesday, June 13th. Liberum Capital boosted their target price on Jupiter Fund Management PLC from GBX 487 ($6.42) to GBX 591 ($7.80) and gave the company a “buy” rating in a research report on Monday, July 17th. Macquarie restated an “underperform” rating and set a GBX 393 ($5.18) target price on shares of Jupiter Fund Management PLC in a research report on Monday, May 15th. J P Morgan Chase & Co boosted their target price on Jupiter Fund Management PLC from GBX 450 ($5.94) to GBX 500 ($6.60) and gave the company a “neutral” rating in a research report on Thursday, April 27th. Finally, UBS AG restated a “neutral” rating and set a GBX 440 ($5.80) target price on shares of Jupiter Fund Management PLC in a research report on Tuesday, April 4th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of GBX 504.47 ($6.65).

Jupiter Fund Management PLC (LON:JUP) remained flat at GBX 530.00 during trading on Tuesday. The stock had a trading volume of 732,530 shares. The stock’s 50-day moving average price is GBX 516.52 and its 200-day moving average price is GBX 463.80. The company’s market capitalization is GBX 2.39 billion. Jupiter Fund Management PLC has a 52-week low of GBX 385.00 and a 52-week high of GBX 532.00.

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In other news, insider Edward Bonham Carter sold 147,060 shares of the company’s stock in a transaction on Tuesday, June 6th. The stock was sold at an average price of GBX 489 ($6.45), for a total transaction of £719,123.40 ($948,586.47).

Jupiter Fund Management PLC Company Profile

Jupiter Fund Management plc is a fund manager. The principal activity of the Company is to act as a holding company for a group of investment management companies. The Company focuses primarily on managing equity investments on behalf of retail, institutional and private client investors across a range of products, including the United Kingdom and offshore mutual funds, segregated mandates and investment trusts.

Analyst Recommendations for Jupiter Fund Management PLC (LON:JUP)

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