Jupiter Fund Management (LON:JUP) Price Target Lowered to GBX 80 at Citigroup

Jupiter Fund Management (LON:JUPFree Report) had its price target decreased by Citigroup from GBX 92 ($1.15) to GBX 80 ($1.00) in a research note published on Thursday morning, Marketbeat.com reports. Citigroup currently has a neutral rating on the stock.

Jupiter Fund Management Stock Up 0.5 %

Shares of LON JUP opened at GBX 78.20 ($0.98) on Thursday. The stock has a market cap of £402.17 million, a PE ratio of -3,910.00 and a beta of 1.42. Jupiter Fund Management has a 52-week low of GBX 73.40 ($0.92) and a 52-week high of GBX 93.95 ($1.17). The business has a 50-day moving average price of GBX 82.82 and a 200 day moving average price of GBX 83.42. The company has a quick ratio of 1.79, a current ratio of 1.70 and a debt-to-equity ratio of 11.23.

Insider Activity

In related news, insider James Macpherson purchased 30,000 shares of the stock in a transaction that occurred on Tuesday, December 17th. The shares were purchased at an average price of GBX 83 ($1.04) per share, with a total value of £24,900 ($31,082.26). Corporate insiders own 25.22% of the company’s stock.

About Jupiter Fund Management

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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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Analyst Recommendations for Jupiter Fund Management (LON:JUP)

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