Peel Hunt Cuts Jupiter Fund Management (LON:JUP) Price Target to GBX 415

Jupiter Fund Management (LON:JUP) had its price target lowered by Peel Hunt from GBX 480 ($6.27) to GBX 415 ($5.42) in a research note published on Monday morning, ThisIsMoney.Co.Uk reports. The brokerage currently has a buy rating on the stock.

JUP has been the topic of several other reports. Peel Hunt increased their price objective on shares of Jupiter Fund Management from GBX 375 ($4.90) to GBX 480 ($6.27) and gave the company a buy rating in a research report on Wednesday, June 26th. Barclays dropped their price objective on shares of Jupiter Fund Management from GBX 350 ($4.57) to GBX 330 ($4.31) and set an underweight rating on the stock in a research report on Monday, July 8th. Shore Capital reissued a hold rating on shares of Jupiter Fund Management in a research report on Friday, October 11th. JPMorgan Chase & Co. dropped their price objective on shares of Jupiter Fund Management from GBX 390 ($5.10) to GBX 360 ($4.70) and set a neutral rating on the stock in a research report on Wednesday, October 9th. Finally, Jefferies Financial Group reissued an underperform rating and issued a GBX 340 ($4.44) price objective on shares of Jupiter Fund Management in a research report on Monday, October 7th. Five equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. Jupiter Fund Management currently has a consensus rating of Hold and an average price target of GBX 367.50 ($4.80).

Shares of JUP opened at GBX 345 ($4.51) on Monday. The firm has a market capitalization of $1.55 billion and a PE ratio of 11.90. The company’s 50-day moving average is GBX 345.02 and its 200-day moving average is GBX 366.60. Jupiter Fund Management has a fifty-two week low of GBX 274.10 ($3.58) and a fifty-two week high of GBX 435 ($5.68).

About Jupiter Fund Management

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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