Jupiter Fund Management (LON:JUP) Price Target Cut to GBX 80 by Analysts at Citigroup

Jupiter Fund Management (LON:JUP) had its price target decreased by stock analysts at Citigroup from GBX 92 ($1.13) to GBX 80 ($0.98) in a report released on Thursday,Digital Look reports. The firm presently has a “neutral” rating on the stock. Citigroup’s target price points to a potential upside of 2.83% from the stock’s current price.

Jupiter Fund Management Trading Down 0.8 %

Shares of LON:JUP traded down GBX 0.60 ($0.01) during trading on Thursday, reaching GBX 77.80 ($0.96). 1,223,148 shares of the company traded hands, compared to its average volume of 3,949,893. The business’s fifty day moving average is GBX 82.88 and its 200-day moving average is GBX 83.49. Jupiter Fund Management has a 52-week low of GBX 73.40 ($0.90) and a 52-week high of GBX 93.95 ($1.16). The firm has a market capitalization of £400.11 million, a price-to-earnings ratio of -3,890.00 and a beta of 1.42. The company has a current ratio of 1.70, a quick ratio of 1.79 and a debt-to-equity ratio of 11.23.

Insider Buying and Selling

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

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.