Shore Capital Reaffirms “Hold” Rating for Jupiter Fund Management (LON:JUP)

Jupiter Fund Management (LON:JUP)‘s stock had its “hold” rating reissued by equities research analysts at Shore Capital in a report issued on Tuesday, July 30th, ThisIsMoney.Co.Uk reports.

JUP has been the topic of a number of other reports. Peel Hunt restated a “buy” rating on shares of Jupiter Fund Management in a research note on Monday, July 29th. Jefferies Financial Group dropped their price objective on shares of Jupiter Fund Management from GBX 480 ($6.27) to GBX 369 ($4.82) and set a “hold” rating on the stock in a report on Tuesday, April 9th. UBS Group reaffirmed a “sell” rating on shares of Jupiter Fund Management in a report on Monday, July 29th. Barclays dropped their price objective on shares of Jupiter Fund Management from GBX 350 ($4.57) to GBX 330 ($4.31) and set an “underweight” rating on the stock in a report on Monday, July 8th. Finally, Bank of America downgraded shares of Jupiter Fund Management to an “underperform” rating in a report on Wednesday, May 15th. Five analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. Jupiter Fund Management has a consensus rating of “Hold” and a consensus price target of GBX 376.90 ($4.92).

Shares of Jupiter Fund Management stock traded up GBX 2.70 ($0.04) during trading hours on Tuesday, reaching GBX 343.10 ($4.48). 808,811 shares of the company’s stock were exchanged, compared to its average volume of 2,620,000. Jupiter Fund Management has a 52-week low of GBX 274.10 ($3.58) and a 52-week high of GBX 435 ($5.68). The firm has a market capitalization of $1.58 billion and a price-to-earnings ratio of 11.83. The company has a fifty day moving average of GBX 369.57 and a 200-day moving average of GBX 366.61.

In related news, insider Edward Bonham Carter sold 23,506 shares of the stock in a transaction on Thursday, June 20th. The shares were sold at an average price of GBX 416 ($5.44), for a total transaction of £97,784.96 ($127,773.37).

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.

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Analyst Recommendations for Jupiter Fund Management (LON:JUP)

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