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Jupiter Fund Management (LON:JUP) Hits New 12-Month High - Should You Buy?

Jupiter Fund Management logo with Financial Services background

Jupiter Fund Management Plc (LON:JUP - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The company traded as high as GBX 132.40 ($1.78) and last traded at GBX 132.22 ($1.77), with a volume of 40519 shares traded. The stock had previously closed at GBX 131.40 ($1.76).

Wall Street Analyst Weigh In

Several brokerages recently issued reports on JUP. Canaccord Genuity Group raised shares of Jupiter Fund Management to a "hold" rating and lifted their price objective for the company from GBX 60 ($0.80) to GBX 120 ($1.61) in a report on Wednesday, July 16th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of 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.

View Our Latest Stock Report on Jupiter Fund Management

Jupiter Fund Management Trading Up 0.5%

The company has a market capitalization of £676.24 million, a price-to-earnings ratio of -76.18 and a beta of 1.42. The company has a quick ratio of 1.79, a current ratio of 1.70 and a debt-to-equity ratio of 11.23. The company's 50 day simple moving average is GBX 96.96 and its two-hundred day simple moving average is GBX 83.33.

About Jupiter Fund Management

(Get Free Report)

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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