Jupiter Fund Management (LON:JUP) Rating Lowered to Underweight at Barclays

Jupiter Fund Management (LON:JUP) was downgraded by stock analysts at Barclays to an “underweight” rating in a research report issued to clients and investors on Thursday, MarketBeat reports. They presently have a GBX 85 ($1.08) price target on the stock. Barclays‘s price target points to a potential downside of 4.60% from the company’s previous close.

Separately, BNP Paribas raised shares of Jupiter Fund Management to a “neutral” rating and set a GBX 81 ($1.03) price target for the company in a research report on Monday, February 12th.

Jupiter Fund Management Stock Up 1.6 %

LON:JUP opened at GBX 89.10 ($1.13) on Thursday. The company has a debt-to-equity ratio of 11.88, a current ratio of 2.09 and a quick ratio of 1.79. Jupiter Fund Management has a 1-year low of GBX 71.10 ($0.90) and a 1-year high of GBX 138 ($1.75). The company has a 50-day moving average of GBX 86.57 and a 200 day moving average of GBX 84.85. The firm has a market cap of £455.37 million, a PE ratio of -2,970.00 and a beta of 1.39.

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.