Jupiter Fund Management Plc (LON:JUP - Get Free Report) shot up 12% during mid-day trading on Thursday . The stock traded as high as GBX 144.14 ($1.94) and last traded at GBX 140 ($1.89). 5,486,280 shares changed hands during mid-day trading, an increase of 158% from the average session volume of 2,128,728 shares. The stock had previously closed at GBX 125 ($1.68).
Analyst Ratings Changes
Several brokerages have 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 to GBX 120 in a research report on Wednesday, July 16th. Peel Hunt reiterated an "add" rating and issued a GBX 90 target price on shares of Jupiter Fund Management in a report on Friday, July 25th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Jupiter Fund Management from GBX 110 to GBX 130 and gave the company a "hold" rating in a report on Friday, July 25th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of GBX 105.
View Our Latest Analysis on Jupiter Fund Management
Jupiter Fund Management Stock Performance
The firm's 50 day moving average is GBX 126.41 and its two-hundred day moving average is GBX 98.06. The stock has a market capitalization of £720.76 million, a PE ratio of 1,309.26 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.
Jupiter Fund Management (LON:JUP - Get Free Report) last announced its earnings results on Friday, July 25th. The company reported GBX 4.20 earnings per share 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, research analysts predict that Jupiter Fund Management Plc will post 8.5093781 earnings per share for the current year.
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.
Featured Articles
Before you consider Jupiter Fund Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jupiter Fund Management wasn't on the list.
While Jupiter Fund Management currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.