Jupiter Fund Management (LON:JUP) Reaches New 12-Month High – What’s Next?

Jupiter Fund Management Plc (LON:JUP)’s share price hit a new 52-week high on Thursday . The stock traded as high as GBX 174.20 and last traded at GBX 171.40, with a volume of 5407326 shares trading hands. The stock had previously closed at GBX 173.40.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on JUP shares. Deutsche Bank Aktiengesellschaft raised their target price on Jupiter Fund Management from GBX 150 to GBX 160 and gave the company a “hold” rating in a research report on Wednesday, December 3rd. Peel Hunt reaffirmed a “buy” rating and set a GBX 156 target price on shares of Jupiter Fund Management in a report on Wednesday, October 15th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Jupiter Fund Management presently has an average rating of “Hold” and an average price target of GBX 129.

Jupiter Fund Management Stock Performance

The firm’s fifty day moving average is GBX 152.28 and its 200-day moving average is GBX 137.63. The company has a current ratio of 1.70, a quick ratio of 1.79 and a debt-to-equity ratio of 11.23. The stock has a market capitalization of £880.81 million, a PE ratio of 16.00 and a beta of 1.42.

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. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.