Jupiter Fund Management (LON:JUP)‘s stock had its “sell” rating restated by analysts at UBS Group in a note issued to investors on Wednesday, investing.thisismoney.co.uk reports.
A number of other brokerages have also commented on JUP. Berenberg Bank decreased their price objective on Jupiter Fund Management from GBX 460 ($6.01) to GBX 405 ($5.29) and set a “hold” rating on the stock in a research report on Thursday, October 11th. Citigroup reiterated a “sell” rating on shares of Jupiter Fund Management in a research report on Monday, July 30th. Credit Suisse Group decreased their price objective on Jupiter Fund Management from GBX 445 ($5.81) to GBX 410 ($5.36) and set an “underperform” rating on the stock in a research report on Thursday, August 9th. Shore Capital reiterated a “hold” rating on shares of Jupiter Fund Management in a research report on Friday, July 27th. Finally, Numis Securities reiterated a “hold” rating on shares of Jupiter Fund Management in a research report on Monday, September 3rd. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. Jupiter Fund Management has a consensus rating of “Hold” and a consensus target price of GBX 451.15 ($5.90).
LON JUP opened at GBX 334.04 ($4.36) on Wednesday. Jupiter Fund Management has a one year low of GBX 416 ($5.44) and a one year high of GBX 638.80 ($8.35).
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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