Jupiter Fund Management (LON:JUP) Stock Rating Reaffirmed by Peel Hunt

Jupiter Fund Management (LON:JUP)‘s stock had its “buy” rating restated by analysts at Peel Hunt in a note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also recently weighed in on JUP. Barclays reiterated an “underweight” rating and set a GBX 600 ($7.84) price target on shares of in a research report on Monday, July 8th. Bank of America reiterated a “buy” rating on shares of Continental in a research report on Wednesday, May 15th. Shore Capital reiterated a “hold” rating on shares of Greggs in a research report on Tuesday, May 14th. Peel Hunt reiterated a “buy” rating and set a GBX 1,000 ($13.07) price target on shares of Wandisco in a research report on Wednesday, June 26th. Finally, UBS Group dropped their price target on shares of Wells Fargo & Co from $53.00 to $51.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Five investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 381.73 ($4.99).

Shares of JUP opened at GBX 384.90 ($5.03) on Monday. Jupiter Fund Management has a 1-year low of GBX 274.10 ($3.58) and a 1-year high of GBX 440.80 ($5.76). The firm has a market capitalization of $1.75 billion and a PE ratio of 12.38. The company’s 50-day moving average is GBX 395.04.

In other Jupiter Fund Management news, insider Andrew Formica acquired 140,000 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The stock was purchased at an average price of GBX 354 ($4.63) per share, for a total transaction of £495,600 ($647,589.18). Also, insider Edward Bonham Carter sold 23,506 shares of Jupiter Fund Management stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of GBX 416 ($5.44), for a total transaction of £97,784.96 ($127,773.37).

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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