Today: The Jupiter Fund Management PLC (JUP) Stock Rating Reaffirmed by Credit Suisse Group AG

The Jupiter Fund Management PLC (JUP) Stock Rating Reaffirmed by Credit Suisse Group AG

Jupiter Fund Management PLC (LON:JUP)‘s stock had its “neutral” rating reiterated by equities researchers at Credit Suisse Group AG in a report released on Friday. They presently have a GBX 474.09 ($5.78) price objective on the stock. Credit Suisse Group AG’s price target points to a potential upside of 7.14% from the company’s current price.

Several other research analysts have also commented on JUP. Barclays PLC lowered Jupiter Fund Management PLC to an “equal weight” rating and cut their price objective for the stock from GBX 500 ($6.09) to GBX 400 ($4.88) in a report on Thursday, June 30th. Shore Capital reaffirmed a “hold” rating on shares of Jupiter Fund Management PLC in a research note on Wednesday, July 27th. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 440 ($5.36) target price on shares of Jupiter Fund Management PLC in a research note on Thursday, July 28th. Jefferies Group cut their target price on Jupiter Fund Management PLC from GBX 472 ($5.75) to GBX 406 ($4.95) and set a “buy” rating for the company in a research note on Thursday, June 30th. Finally, Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 500 ($6.09) target price on shares of Jupiter Fund Management PLC in a research note on Tuesday, August 2nd. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 447.86 ($5.46).

Shares of Jupiter Fund Management PLC (LON:JUP) opened at 446.00 on Friday. The firm’s market cap is GBX 2.01 billion. The stock’s 50 day moving average is GBX 434.76 and its 200 day moving average is GBX 416.78. Jupiter Fund Management PLC has a 12 month low of GBX 324.60 and a 12 month high of GBX 481.30.

In related news, insider Carter,Edward Bonham sold 1,000,000 shares of the company’s stock in a transaction that occurred on Thursday, July 28th. The stock was sold at an average price of GBX 417 ($5.08), for a total transaction of £4,170,000 ($5,082,266.91).

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