Jupiter Fund Management (LON:JUP) Upgraded at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of Jupiter Fund Management (LON:JUP) to a hold rating in a report issued on Wednesday, MarketBeat.com reports. Canaccord Genuity Group currently has GBX 120 ($1.61) price objective on the stock, up from their prior price objective of GBX 60 ($0.81).

Separately, Deutsche Bank Aktiengesellschaft raised their price target on Jupiter Fund Management from GBX 90 ($1.21) to GBX 110 ($1.48) and gave the stock a “hold” rating in a research report on Friday, July 11th.

Jupiter Fund Management Stock Up 2.0%

LON:JUP opened at GBX 131.40 ($1.76) on Wednesday. Jupiter Fund Management has a 12-month low of GBX 64.70 ($0.87) and a 12-month high of GBX 131.60 ($1.77). 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 firm has a market capitalization of £673.17 million, a P/E ratio of -75.83 and a beta of 1.42. The stock’s fifty day simple moving average is GBX 96.96 and its 200-day simple moving average is GBX 83.37.

About Jupiter Fund Management

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.