Brokerages Set Jupiter Fund Management Plc (LON:JUP) Target Price at GBX 89.25

Shares of Jupiter Fund Management Plc (LON:JUP) have been given a consensus rating of “Reduce” by the six research firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating and five have issued a hold rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 87.40 ($1.09).

Separately, Citigroup reduced their price target on shares of Jupiter Fund Management from GBX 92 ($1.15) to GBX 80 ($1.00) and set a “neutral” rating for the company in a research report on Thursday.

Jupiter Fund Management Stock Up 0.5 %

Shares of LON JUP opened at GBX 78.20 ($0.98) on Thursday. The business’s 50 day moving average is GBX 82.82 and its two-hundred day moving average is GBX 83.42. The firm has a market cap of £402.17 million, a price-to-earnings ratio of -3,910.00 and a beta of 1.42. Jupiter Fund Management has a 52-week low of GBX 73.40 ($0.92) and a 52-week high of GBX 93.95 ($1.17). The company has a quick ratio of 1.79, a current ratio of 1.70 and a debt-to-equity ratio of 11.23.

Insider Activity at Jupiter Fund Management

In related news, insider James Macpherson acquired 30,000 shares of the stock in a transaction on Tuesday, December 17th. The stock was purchased at an average price of GBX 83 ($1.04) per share, for a total transaction of £24,900 ($31,082.26). 25.22% of the stock is currently owned by insiders.

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.