JP Morgan Cazenove issued a report on Jupiter Fund Management plc (LON:JUP), bumping up its stock price target to 495.00GBX today
- Updated: October 13, 2016
Jupiter Fund Management plc (LON:JUP) had its target price raised to 495.00GBX by JP Morgan Cazenove in a report released 10/14/2016. The new target price indicates a possible upside of 0.10% based on the company's last stock close price.
Previously on Thursday October 13, 2016, Shore Capital reported about Jupiter Fund Management plc (LON:JUP) raised the target price from 0.00GBX to 448.00GBX. At the time, this indicated a possible downside of 0.00%.
Yesterday Jupiter Fund Management plc (LON:JUP) traded -0.45% lower at 449.55GBX. The company’s 50-day moving average is 432.95GBX and its 200-day moving average is 416.02GBX. The last stock close price is up 7.21% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 86,711 shares of the stock were exchanged, down from an average trading volume of 844,079
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Jupiter Fund Management plc has a 52 week low of 324.60GBX and a 52 week high of 481.30GBX with a P/E ratio of 15.43 The company’s market cap is currently 0 GBX.
In addition to JP Morgan Cazenove reporting its target price, a total of 17 firms have reported on the stock. The consensus target price is 414.47GBX with 3 firms rating the stock a strong buy, 6 firms rating the stock a buy, 6 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
About Jupiter Fund Management plc (LON:JUP)
Jupiter Fund Management plc (Jupiter) is a United Kingdom-based fund manager. The principal activity of the Company is to act as a holding company for a group of investment management companies. The Company operates through investment management business segment. The Company focuses primarily on managing equity investments on behalf of retail, institutional and private client investors across a range of products, including United Kingdom and offshore mutual funds, segregated mandates and investment trusts. The Company manages various investment trusts, unit trusts and overseas funds. The Company's subsidiaries include Jupiter Investment Management Group Limited, Jupiter Asset Management Limited, Jupiter Unit Trust Managers Limited, Knightsbridge Asset Management Limited, Jupiter Asset Management (Asia) Private Limited, Jupiter Asset Management (Bermuda) Limited and Jupiter Global Fund SICAV.
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