A number of other brokerages have also recently issued reports on JUP. Berenberg Bank dropped their target price on shares of Jupiter Fund Management from GBX 460 ($6.01) to GBX 405 ($5.29) and set a hold rating on the stock in a report on Thursday, October 11th. UBS Group reaffirmed a sell rating on shares of Jupiter Fund Management in a report on Friday, October 5th. Numis Securities reaffirmed a hold rating and issued a GBX 300 ($3.92) target price on shares of Jupiter Fund Management in a report on Wednesday, January 2nd. Peel Hunt reaffirmed a hold rating on shares of Jupiter Fund Management in a report on Thursday, October 11th. Finally, JPMorgan Chase & Co. dropped their target price on shares of 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. Five research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. Jupiter Fund Management currently has an average rating of Hold and an average price target of GBX 421.67 ($5.51).
Shares of JUP stock traded up GBX 2.10 ($0.03) on Thursday, reaching GBX 309.90 ($4.05). The stock had a trading volume of 1,139,495 shares, compared to its average volume of 2,620,000. Jupiter Fund Management has a 12 month low of GBX 416 ($5.44) and a 12 month 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.
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