Jupiter Fund Management PLC (LON:JUP) had its target price increased by investment analysts at Peel Hunt from GBX 495 ($6.51) to GBX 600 ($7.89) in a research report issued to clients and investors on Wednesday. The brokerage presently has an “add” rating on the stock. Peel Hunt’s price target points to a potential upside of 3.45% from the stock’s previous close.
A number of other equities analysts have also weighed in on JUP. Shore Capital restated a “hold” rating on shares of Jupiter Fund Management PLC in a research note on Tuesday, August 15th. Numis Securities Ltd restated a “hold” rating and issued a GBX 580 ($7.63) target price on shares of Jupiter Fund Management PLC in a research note on Tuesday, October 3rd. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 550 ($7.23) target price on shares of Jupiter Fund Management PLC in a research note on Thursday, September 21st. BNP Paribas restated a “neutral” rating and issued a GBX 490 ($6.44) target price on shares of Jupiter Fund Management PLC in a research note on Tuesday, July 18th. Finally, Credit Suisse Group upped their target price on Jupiter Fund Management PLC from GBX 375 ($4.93) to GBX 500 ($6.57) and gave the stock an “underperform” rating in a research note on Thursday, July 27th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company. Jupiter Fund Management PLC currently has an average rating of “Hold” and a consensus price target of GBX 525.33 ($6.91).
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About Jupiter Fund Management PLC
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.
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