Jupiter Fund Management (LON:JUP) Given "Add" Rating at Peel Hunt

Key Points

• Jupiter Fund Management (LON:JUP) has been given an "add" rating by Peel Hunt, with a price target of GBX 90 ($1.21), indicating a potential downside of 32.74% from its current price.
• Other analysts have also upgraded the stock, with Canaccord Genuity increasing their target from GBX 60 ($0.81) to GBX 120 ($1.61), showing a generally positive sentiment among several firms.
• The company's latest earnings report showed a negative net margin of 2.34% and a return on equity of -1.13%, highlighting ongoing financial struggles.

Jupiter Fund Management (LON:JUP - Get Free Report)'s stock had its "add" rating reaffirmed by stock analysts at Peel Hunt in a research report issued on Friday,London Stock Exchange reports. They presently have a GBX 90 ($1.21) price objective on the stock. Peel Hunt's price target suggests a potential downside of 32.74% from the company's current price.

A number of other research analysts have also recently issued reports on JUP. Canaccord Genuity Group upgraded shares of Jupiter Fund Management to a "hold" rating and lifted their target price for the company from GBX 60 ($0.81) to GBX 120 ($1.61) in a research note on Wednesday, July 16th. Deutsche Bank Aktiengesellschaft raised their price target on Jupiter Fund Management from GBX 90 ($1.21) to GBX 110 ($1.48) and gave the company a "hold" rating in a report on Friday, July 11th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, Jupiter Fund Management presently has a consensus rating of "Hold" and an average target price of GBX 100 ($1.34).

Jupiter Fund Management Stock Up 1.5%

Shares of LON JUP opened at GBX 133.82 ($1.80) on Friday. Jupiter Fund Management has a 52-week low of GBX 64.70 ($0.87) and a 52-week high of GBX 143.80 ($1.93). The company has a debt-to-equity ratio of 11.23, a quick ratio of 1.79 and a current ratio of 1.70. The business has a fifty day moving average of GBX 102.44 and a two-hundred day moving average of GBX 84.97. The stock has a market cap of £685.55 million, a PE ratio of -77.23 and a beta of 1.42.

Jupiter Fund Management (LON:JUP - Get Free Report) last announced its quarterly earnings results on Friday, July 25th. The company reported GBX 4.20 ($0.06) earnings per share (EPS) for the quarter. Jupiter Fund Management had a negative net margin of 2.34% and a negative return on equity of 1.13%. As a group, equities research analysts expect that Jupiter Fund Management will post 8.5093781 earnings per share for the current fiscal year.

Jupiter Fund Management Company Profile

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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