Jupiter Fund Management PLC (LON:JUP) had its price objective boosted by equities research analysts at Numis Securities Ltd from GBX 520 ($6.44) to GBX 545 ($6.75) in a research report issued to clients and investors on Thursday. The firm currently has a “buy” rating on the stock. Numis Securities Ltd’s price target indicates a potential upside of 21.65% from the stock’s current price.
JUP has been the topic of a number of other research reports. Jefferies Group cut their price target on shares of Jupiter Fund Management PLC from GBX 472 ($5.84) to GBX 406 ($5.02) and set a “buy” rating on the stock in a report on Thursday, June 30th. Peel Hunt reiterated a “buy” rating and set a GBX 495 ($6.13) price target on shares of Jupiter Fund Management PLC in a report on Wednesday, July 20th. Credit Suisse Group AG reiterated a “neutral” rating and set a GBX 385 ($4.76) price target on shares of Jupiter Fund Management PLC in a report on Tuesday, July 12th. Barclays PLC increased their price target on shares of Jupiter Fund Management PLC from GBX 400 ($4.95) to GBX 420 ($5.20) and gave the company an “equal weight” rating in a report on Thursday, July 21st. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Jupiter Fund Management PLC from GBX 435 ($5.38) to GBX 380 ($4.70) and set a “neutral” rating on the stock in a research report on Wednesday, June 29th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 428.85 ($5.31).
Jupiter Fund Management PLC (LON:JUP) opened at 448.90 on Thursday. The company’s market cap is GBX 2.02 billion. Jupiter Fund Management PLC has a 52-week low of GBX 324.60 and a 52-week high of GBX 481.30. The firm’s 50 day moving average is GBX 432.95 and its 200 day moving average is GBX 416.02.
In related news, insider Carter,Edward Bonham sold 1,000,000 shares of the firm’s stock in a transaction on Thursday, July 28th. The shares were sold at an average price of GBX 417 ($5.16), for a total transaction of £4,170,000 ($5,160,891.09).