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

Jupiter Fund Management (LON:JUP) had its price objective cut by Citigroup from GBX 92 ($1.14) to GBX 80 ($0.99) in a report issued on Thursday, Marketbeat.com reports. They currently have a neutral rating on the stock.

Jupiter Fund Management Stock Up 1.5 %

JUP opened at GBX 78.99 ($0.98) on Thursday. Jupiter Fund Management has a 12 month low of GBX 73.40 ($0.91) and a 12 month high of GBX 93.95 ($1.16). The company has a current ratio of 1.70, a quick ratio of 1.79 and a debt-to-equity ratio of 11.23. The business’s 50-day moving average price is GBX 82.88 and its 200-day moving average price is GBX 83.49. The company has a market cap of £406.23 million, a P/E ratio of -3,949.50 and a beta of 1.42.

Insider Buying and Selling at Jupiter Fund Management

In other news, insider James Macpherson acquired 30,000 shares of the stock in a transaction dated Tuesday, December 17th. The stock was purchased at an average cost of GBX 83 ($1.03) per share, with a total value of £24,900 ($30,755.93). Corporate insiders own 25.22% of the company’s stock.

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.