Jupiter Fund Management Plc (LON:JUP) Receives Average Recommendation of “Reduce” from Analysts

Jupiter Fund Management Plc (LON:JUP) has been assigned a consensus rating of “Reduce” from the five ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 89.25 ($1.10).

Separately, Citigroup lowered their price target on Jupiter Fund Management from GBX 92 ($1.13) to GBX 80 ($0.98) and set a “neutral” rating for the company in a research report on Thursday.

Insider Transactions at Jupiter Fund Management

In other news, insider James Macpherson bought 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The stock was purchased at an average price of GBX 83 ($1.02) per share, with a total value of £24,900 ($30,653.70). Insiders own 25.22% of the company’s stock.

Jupiter Fund Management Price Performance

Shares of LON JUP traded down GBX 0.60 ($0.01) during midday trading on Thursday, reaching GBX 77.80 ($0.96). 1,223,148 shares of the stock traded hands, compared to its average volume of 3,949,893. The stock has a market capitalization of £400.11 million, a PE ratio of -3,890.00 and a beta of 1.42. The company’s 50 day moving average is GBX 82.88 and its 200 day moving average is GBX 83.49. Jupiter Fund Management has a one year low of GBX 73.40 ($0.90) and a one year high of GBX 93.95 ($1.16). 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

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.