Credit Suisse Group Initiates Coverage on Jupiter Fund Management (LON:JUP)

Credit Suisse Group started coverage on shares of Jupiter Fund Management (LON:JUP) in a research report report published on Tuesday, Digital Look reports. The firm issued an underperform rating and a GBX 320 ($4.18) price target on the stock.

Other research analysts also recently issued reports about the stock. Berenberg Bank boosted their target price on shares of Jupiter Fund Management from GBX 360 ($4.70) to GBX 390 ($5.10) and gave the company a hold rating in a research report on Friday, June 14th. Jefferies Financial Group downgraded shares of Jupiter Fund Management to an underperform rating in a research report on Monday, September 16th. Numis Securities restated a hold rating and set a GBX 390 ($5.10) target price on shares of Jupiter Fund Management in a research report on Monday, June 3rd. Peel Hunt restated a buy rating on shares of Jupiter Fund Management in a research report on Monday, July 29th. Finally, UBS Group decreased their target price on shares of Jupiter Fund Management from GBX 330 ($4.31) to GBX 310 ($4.05) and set a sell rating for the company in a research report on Tuesday, August 13th. Six analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of GBX 370.82 ($4.85).

LON JUP opened at GBX 325.70 ($4.26) on Tuesday. The company has a market capitalization of $1.49 billion and a PE ratio of 11.23. The company has a fifty day moving average of GBX 349.80 and a 200 day moving average of GBX 369.26. Jupiter Fund Management has a 1 year low of GBX 274.10 ($3.58) and a 1 year high of GBX 435 ($5.68).

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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