Shares of Jupiter Fund Management PLC (LON:JUP) have been given an average rating of “Hold” by the fifteen ratings firms that are covering the stock. Four research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 444.46 ($5.52).
Several equities research analysts have recently weighed in on the stock. Jefferies Group LLC lowered their price target on shares of Jupiter Fund Management PLC from GBX 482 ($5.99) to GBX 478 ($5.94) and set a “buy” rating for the company in a research report on Monday. BNP Paribas reissued a “neutral” rating and set a GBX 405 ($5.03) target price on shares of Jupiter Fund Management PLC in a research report on Monday, March 27th. Peel Hunt reissued an “add” rating and set a GBX 495 ($6.15) target price on shares of Jupiter Fund Management PLC in a research report on Monday, March 27th. Numis Securities Ltd reissued a “buy” rating and set a GBX 533 ($6.62) target price on shares of Jupiter Fund Management PLC in a research report on Friday, February 24th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 440 ($5.46) target price on shares of Jupiter Fund Management PLC in a research report on Monday, February 27th.
In other Jupiter Fund Management PLC news, insider Edward Bonham Carter sold 46,909 shares of the company’s stock in a transaction that occurred on Thursday, March 2nd. The shares were sold at an average price of GBX 420 ($5.22), for a total transaction of £197,017.80 ($244,651.43). Also, insider Jonathon Bond purchased 10,000 shares of the business’s stock in a transaction on Friday, February 24th. The shares were bought at an average price of GBX 419 ($5.20) per share, for a total transaction of £41,900 ($52,030.30).
Jupiter Fund Management PLC (LON:JUP) traded up 0.51% during midday trading on Monday, reaching GBX 451.50. 1,060,559 shares of the company’s stock were exchanged. The stock’s 50-day moving average is GBX 426.72 and its 200-day moving average is GBX 429.97. The stock’s market capitalization is GBX 2.02 billion. Jupiter Fund Management PLC has a 12-month low of GBX 324.60 and a 12-month high of GBX 464.70.
The business also recently declared a dividend, which was paid on Friday, April 7th. Shareholders of record on Thursday, March 9th were paid a dividend of GBX 22.70 ($0.28) per share. This is a positive change from Jupiter Fund Management PLC’s previous dividend of $4.50. The ex-dividend date of this dividend was Thursday, March 9th. This represents a yield of 5.45%.
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Jupiter Fund Management PLC Company Profile
Jupiter Fund Management plc is a fund manager. The principal activity of the Company is to act as a holding company for a group of investment management companies. The Company focuses primarily on managing equity investments on behalf of retail, institutional and private client investors across a range of products, including the United Kingdom and offshore mutual funds, segregated mandates and investment trusts.
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