Several other equities research analysts also recently commented on the stock. Credit Suisse Group decreased their target price on shares of Jupiter Fund Management from GBX 445 ($5.81) to GBX 410 ($5.36) and set an underperform rating for the company in a research report on Thursday, August 9th. UBS Group decreased their target price on shares of Jupiter Fund Management from GBX 415 ($5.42) to GBX 380 ($4.97) and set a sell rating for the company in a research report on Thursday, August 9th. Citigroup reissued a sell rating on shares of Jupiter Fund Management in a research report on Monday, July 30th. Jefferies Financial Group decreased their target price on shares of Jupiter Fund Management from GBX 498 ($6.51) to GBX 480 ($6.27) and set a hold rating for the company in a research report on Monday, July 23rd. Finally, Peel Hunt reissued a hold rating on shares of Jupiter Fund Management in a research report on Friday, July 27th. Five equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the stock. Jupiter Fund Management currently has an average rating of Hold and a consensus price target of GBX 472.93 ($6.18).
JUP stock traded down GBX 2.70 ($0.04) during midday trading on Thursday, hitting GBX 345.50 ($4.51). The stock had a trading volume of 4,062,763 shares, compared to its average volume of 2,620,000. Jupiter Fund Management has a 1-year low of GBX 416 ($5.44) and a 1-year high of GBX 638.80 ($8.35).
Jupiter Fund Management (LON:JUP) last announced its quarterly earnings data on Friday, July 27th. The company reported GBX 17.10 ($0.22) earnings per share for the quarter, missing the consensus estimate of GBX 17.20 ($0.22) by GBX (0.10) ($0.00). Jupiter Fund Management had a net margin of 34.27% and a return on equity of 25.18%.
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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