Jupiter Fund Management Executes Share Buyback

The latest announcement is out from Jupiter Fund Management Plc ( (GB:JUP) ).

Jupiter Fund Management Plc announced a purchase of 100,000 of its own ordinary shares on the London Stock Exchange as part of its ongoing share buyback program. The shares were acquired at a weighted average price of £0.913535 and will be held in Treasury, affecting the total voting rights and shareholding calculations for stakeholders.

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 Outperform.

Jupiter Fund Management Plc’s strong valuation metrics, including a low P/E ratio and high dividend yield, are key strengths. Technical indicators show bullish momentum, though caution is needed due to overbought signals. Financial performance shows mixed signals with strong equity positioning but declining revenue. Recent corporate actions, such as share buybacks, reflect management’s confidence and strategic focus on enhancing shareholder value.

To see Spark’s full report on GB:JUP stock, click here.

More about Jupiter Fund Management Plc

Jupiter Fund Management Plc is a company operating in the financial services industry, focusing on asset management. It offers a range of investment products and services aimed at individual and institutional investors, primarily in the UK market.

Average Trading Volume: 1,477,377

Technical Sentiment Signal: Hold

Current Market Cap: £454.3M

For detailed information about JUP stock, go to TipRanks’ Stock Analysis page.