Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Jupiter Fund Management (LON:JUP) Stock Price

Key Points

• Deutsche Bank Aktiengesellschaft raised the target price for Jupiter Fund Management from GBX 110 ($1.48) to GBX 130 ($1.75) while maintaining a "hold" rating on the stock, indicating a potential downside of 2.85% from the previous close.
• Other analysts also provided updates, with Peel Hunt issuing an "add" rating and a target price of GBX 90 ($1.21), while Canaccord Genuity upgraded the stock to "hold" with a target of GBX 120 ($1.61).
• Jupiter Fund Management's shares traded at GBX 133.82 ($1.80) with a 12-month high of GBX 143.80 ($1.93) and a low of GBX 64.70 ($0.87), alongside a negative net margin of 2.34% and a negative return on equity of 1.13%.

Jupiter Fund Management (LON:JUP - Free Report) had its price target lifted by Deutsche Bank Aktiengesellschaft from GBX 110 ($1.46) to GBX 130 ($1.72) in a report published on Friday, Marketbeat.com reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.

Other equities analysts have also issued research reports about the company. Canaccord Genuity Group raised Jupiter Fund Management to a "hold" rating and increased their target price for the company from GBX 60 ($0.80) to GBX 120 ($1.59) in a report on Wednesday, July 16th. Peel Hunt reiterated an "add" rating and issued a GBX 90 ($1.19) price objective on shares of Jupiter Fund Management in a report on Friday, July 25th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of GBX 105 ($1.39).

Jupiter Fund Management Stock Down 1.4%

Shares of LON JUP traded down GBX 1.80 ($0.02) during mid-day trading on Friday, hitting GBX 128.80 ($1.71). The company had a trading volume of 809,176 shares, compared to its average volume of 1,906,577. The company has a market capitalization of £659.85 million, a PE ratio of -74.33 and a beta of 1.42. The business's 50-day simple moving average is GBX 105.47 and its 200 day simple moving average is GBX 85.93. Jupiter Fund Management has a 1-year low of GBX 64.70 ($0.86) and a 1-year high of GBX 143.80 ($1.91). The company has a debt-to-equity ratio of 11.23, a current ratio of 1.70 and a quick ratio of 1.79.

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