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%.
ILLEGAL ACTIVITY WARNING: “Analysts Set Jupiter Fund Management PLC (JUP) Price Target at $444.46” was published by sleekmoney and is owned by of sleekmoney. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this piece of content can be accessed at https://sleekmoney.com/analysts-set-jupiter-fund-management-plc-jup-price-target-at-444-46/1739459.html.
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.
This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/analysts-set-jupiter-fund-management-plc-jup-price-target-at-444-46/1739459.html
Receive News & Ratings for Jupiter Fund Management PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jupiter Fund Management PLC and related companies with MarketBeat.com's FREE daily email newsletter.