Jupiter Fund Management plc (LON:JUP) target raised to 490.00GBX, issued a ratings update earlier today by Societe Generale
- Updated: October 18, 2016
Reporting a possible upside of 0.10%, Societe Generale increased the price target of Jupiter Fund Management plc (LON:JUP) to 490.00GBX
On 10/17/2016, Macquarie released a statement on Jupiter Fund Management plc (LON:JUP) dropped the target price from 380.00GBX to 360.00GBX that suggested a downside of -0.19%.
Having a price of 446.80GBX, Jupiter Fund Management plc (LON:JUP) traded 0.97% higher on the day. With the last stock price close up 7.20% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. The company has recorded a 50-day moving average of 434.76GBX and a 200-day moving average of 416.78GBX. 997,890 shares of the stock were exchanged, up from an average trading volume of 839,525
See Chart Below
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 15.46 The company’s market cap is currently 0 GBX.
In addition to Societe Generale 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.