Jupiter Fund Management (LON:JUP) Stock Price Crosses Above 200 Day Moving Average of $362.80

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Jupiter Fund Management PLC (LON:JUP) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $362.80 and traded as high as $371.20. Jupiter Fund Management shares last traded at $369.90, with a volume of 986,387 shares changing hands.

A number of analysts recently commented on the company. Barclays reiterated an “underweight” rating on shares of Jupiter Fund Management in a report on Wednesday, November 27th. UBS Group reissued a “sell” rating on shares of Jupiter Fund Management in a research report on Thursday, November 28th. Shore Capital restated a “hold” rating on shares of Jupiter Fund Management in a research note on Friday, October 11th. Peel Hunt decreased their target price on Jupiter Fund Management from GBX 480 ($6.27) to GBX 415 ($5.42) and set a “buy” rating for the company in a research report on Monday, October 21st. Finally, JPMorgan Chase & Co. lowered their target price on Jupiter Fund Management from GBX 390 ($5.10) to GBX 360 ($4.70) and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 366.20 ($4.79).

The firm has a fifty day moving average of GBX 355.53 and a two-hundred day moving average of GBX 362.89. The company has a market cap of $1.72 billion and a PE ratio of 12.97.

Jupiter Fund Management Company Profile (LON:JUP)

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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