Jupiter Fund Management’s (JUP) “Hold” Rating Reaffirmed at Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Jupiter Fund Management (LON:JUP) in a research note published on Thursday.

Other analysts have also issued reports about the company. Shore Capital upgraded Jupiter Fund Management to a buy rating in a report on Thursday. Numis Securities restated a hold rating on shares of Jupiter Fund Management in a report on Thursday, September 20th. JPMorgan Chase & Co. cut their target price on Jupiter Fund Management from GBX 440 ($5.75) to GBX 410 ($5.36) and set a neutral rating on the stock in a report on Friday, October 12th. Citigroup restated a sell rating and set a GBX 330 ($4.31) target price on shares of Jupiter Fund Management in a report on Monday, October 15th. Finally, UBS Group restated a sell rating on shares of Jupiter Fund Management in a report on Wednesday, November 7th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of GBX 421.67 ($5.51).

Shares of LON:JUP traded up GBX 2.10 ($0.03) during midday trading on Thursday, hitting GBX 309.90 ($4.05). 1,139,495 shares of the stock were exchanged, compared to its average volume of 2,620,000. Jupiter Fund Management has a 52-week low of GBX 416 ($5.44) and a 52-week high of GBX 638.80 ($8.35).

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.

Further Reading: Reverse Stock Split

Analyst Recommendations for Jupiter Fund Management (LON:JUP)

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