Jupiter Fund Management (LON:JUP) Shares Up 10.7% on Analyst Upgrade

Jupiter Fund Management Plc (LON:JUPGet Free Report)’s share price was up 10.7% during trading 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). Approximately 4,119,646 shares were traded during mid-day trading, an increase of 114% from the average daily volume of 1,929,417 shares. The stock had previously closed at GBX 108.40 ($1.46).

Jupiter Fund Management Stock Up 3.5%

The firm has a market capitalization of £636.28 million, a price-to-earnings ratio of -71.68 and a beta of 1.42. The business has a 50 day moving average of GBX 91.89 and a 200 day moving average of GBX 81.93. 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 Company Profile

(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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