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Jupiter Fund Management plc (LON:JUP) target price raised to 620.00GBX, reported today by Jefferies International

Jupiter Fund Management plc (LON:JUP) had its target price raised to 620.00GBX by Jefferies International in a report released Thursday October 12, 2017. The new target price indicates a possible upside of 0.09% based on the company's last stock close price.

Previously on 10/11/2017, Numis reported about Jupiter Fund Management plc (LON:JUP) held steady the target price at 580.00GBX. At the time, this indicated a possible upside of 0.04%.

Yesterday Jupiter Fund Management plc (LON:JUP) traded 1.08% higher at 568.75GBX. The company’s 50-day moving average is 538.45GBX and its 200-day moving average is 504.18GBX. The last stock close price is up 10.97% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 213,618 shares of the stock were exchanged, down from an average trading volume of 1,115,290

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Jupiter Fund Management plc (LON:JUP)

Jupiter Fund Management plc has a 52 week low of 388.90GBX and a 52 week high of 565.00GBX with a P/E ratio of 18.05 The company’s market cap is currently 0 GBX.

In addition to Jefferies International 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 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. The Company manages various investment trusts, unit trusts and overseas funds. It offers a range of products and services through various distribution channels. Its online services enable advisors and individuals to invest in selected funds from different providers, and to access consolidated reporting and analytics tools. Its mutual fund clients include individual investors, requiring investment products to meet their savings and retirement needs. It access its clients through distribution partners, such as financial advisors and wealth managers.

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