Jupiter Fund Management (LON:JUP) Price Target Raised to GBX 100

Jupiter Fund Management (LON:JUP) had its price objective raised by analysts at Deutsche Bank Aktiengesellschaft from GBX 90 ($1.16) to GBX 100 ($1.29) in a research report issued to clients and investors on Friday, Digital Look reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 13.64% from the stock’s current price.

Other equities analysts also recently issued research reports about the stock. Barclays downgraded shares of Jupiter Fund Management to an “underweight” rating and set a GBX 85 ($1.10) price target for the company. in a research note on Thursday, April 11th. Morgan Stanley dropped their price target on shares of Jupiter Fund Management from GBX 92 ($1.19) to GBX 91 ($1.18) and set an “equal weight” rating for the company in a research note on Thursday, July 18th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat, Jupiter Fund Management presently has an average rating of “Hold” and an average target price of GBX 85.40 ($1.10).

Jupiter Fund Management Price Performance

JUP traded down GBX 0.10 ($0.00) during trading on Friday, reaching GBX 88 ($1.14). The company’s stock had a trading volume of 854,515 shares, compared to its average volume of 1,161,552. The firm has a fifty day simple moving average of GBX 81.88 and a two-hundred day simple moving average of GBX 82.80. The company has a market cap of £449.75 million, a price-to-earnings ratio of -2,933.33 and a beta of 1.41. The company has a quick ratio of 1.79, a current ratio of 2.09 and a debt-to-equity ratio of 11.88. Jupiter Fund Management has a 1 year low of GBX 71.10 ($0.92) and a 1 year high of GBX 120.30 ($1.56).

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.