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

Jupiter Fund Management (LON:JUP) had its price target cut by Citigroup from GBX 92 ($1.14) to GBX 80 ($0.99) in a research note published on Thursday, MarketBeat Ratings reports. They currently have a neutral rating on the stock.

Jupiter Fund Management Stock Up 1.5 %

JUP stock opened at GBX 78.99 ($0.98) on Thursday. Jupiter Fund Management has a twelve month low of GBX 73.40 ($0.91) and a twelve month high of GBX 93.95 ($1.16). The firm has a market capitalization of £406.23 million, a PE ratio of -3,949.50 and a beta of 1.42. The company has a quick ratio of 1.79, a current ratio of 1.70 and a debt-to-equity ratio of 11.23. The stock has a 50-day simple moving average of GBX 82.88 and a two-hundred day simple moving average of GBX 83.49.

Insider Buying and Selling at Jupiter Fund Management

In other Jupiter Fund Management news, insider James Macpherson purchased 30,000 shares of the stock in a transaction on Tuesday, December 17th. The shares were purchased at an average price of GBX 83 ($1.03) per share, with a total value of £24,900 ($30,755.93). Insiders own 25.22% of the company’s stock.

About Jupiter Fund Management

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.