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Jupiter Fund Management Plc ( (GB:JUP) ) just unveiled an update.
Jupiter Fund Management Plc has announced its acquisition of CCLA Investment Management Limited, the UK’s largest asset manager serving non-profit organizations. This strategic move aims to enhance Jupiter’s scale within the UK market, open new client channels, and provide complementary investment expertise. The acquisition, valued at £100 million, is expected to be financially beneficial, with immediate accretion to management fee earnings per share and significant cost synergies anticipated by 2027. Jupiter plans to maintain CCLA’s brand and client service model, ensuring continuity for CCLA’s clients while benefiting from Jupiter’s operational infrastructure. This acquisition aligns with Jupiter’s strategic objectives and underscores its commitment to responsible investment and client-centric service.
The most recent analyst rating on (GB:JUP) stock is a Hold with a £0.92 price target. To see the full list of analyst forecasts on Jupiter Fund Management Plc stock, see the GB:JUP Stock Forecast page.
Spark’s Take on GB:JUP Stock
According to Spark, TipRanks’ AI Analyst, GB:JUP is a Neutral.
Jupiter Fund Management Plc’s overall score reflects a solid capital structure and undervalued stock valuation. While the share buyback strategy supports shareholder value, the key risk remains the declining revenue trend. The overbought technical indicators suggest caution in the short term.
To see Spark’s full report on GB:JUP stock, click here.
More about Jupiter Fund Management Plc
Jupiter Fund Management Plc is a prominent player in the asset management industry, focusing on active investment strategies. The company is known for its strong presence in the UK market and offers a range of investment solutions to various client segments, including retail and institutional investors.
Average Trading Volume: 1,095,333
Technical Sentiment Signal: Hold
Current Market Cap: £545.9M
For detailed information about JUP stock, go to TipRanks’ Stock Analysis page.