Shore Capital Reiterates “Hold” Rating for Jupiter Fund Management (JUP)

Jupiter Fund Management (LON:JUP)‘s stock had its “hold” rating reissued by equities researchers at Shore Capital in a report issued on Thursday.

A number of other brokerages have also commented on JUP. UBS Group reissued a “sell” rating on shares of Jupiter Fund Management in a report on Friday, October 5th. Citigroup reissued a “sell” rating on shares of Jupiter Fund Management in a report on Monday, July 30th. Credit Suisse Group lowered 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 report on Thursday, August 9th. Numis Securities reissued a “hold” rating on shares of Jupiter Fund Management in a report on Monday, September 3rd. Finally, Peel Hunt reissued a “hold” rating on shares of Jupiter Fund Management in a report on Friday, July 27th. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 472.93 ($6.18).

Shares of LON JUP opened at GBX 345.50 ($4.51) on Thursday. Jupiter Fund Management has a 52 week low of GBX 416 ($5.44) and a 52 week high of GBX 638.80 ($8.35).

Jupiter Fund Management (LON:JUP) last issued its quarterly earnings data on Friday, July 27th. The company reported GBX 17.10 ($0.22) EPS for the quarter, missing the Zacks’ consensus estimate of GBX 17.20 ($0.22) by GBX (0.10) ($0.00). Jupiter Fund Management had a net margin of 34.27% and a return on equity of 25.18%.

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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