Jupiter Fund Management (LON:JUP) Trading 10.7% Higher on Analyst Upgrade

Jupiter Fund Management Plc (LON:JUP - Get Free Report)'s stock price traded up 10.7% on Friday after Deutsche Bank Aktiengesellschaft raised their price target on the stock from GBX 90 to GBX 110. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock. Jupiter Fund Management traded as high as GBX 123 ($1.66) and last traded at GBX 120 ($1.62). 4,119,646 shares traded hands during trading, an increase of 114% from the average session volume of 1,929,417 shares. The stock had previously closed at GBX 108.40 ($1.46).

Jupiter Fund Management Price Performance

The stock has a market cap of £635.26 million, a P/E ratio of -71.56 and a beta of 1.42. 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 50 day simple moving average of GBX 91.89 and a 200-day simple moving average of GBX 81.90.

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.