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The latest announcement is out from Jupiter Fund Management Plc ( (GB:JUP) ).
Jupiter Fund Management Plc has executed a share buyback transaction, purchasing 100,000 of its ordinary shares on the London Stock Exchange as part of its ongoing buyback program. This move, authorized by shareholders, aims to consolidate the company’s equity structure by holding the purchased shares in Treasury, affecting the total voting rights and potentially impacting shareholder interests.
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.
The overall stock score reflects a combination of solid valuation metrics, positive technical trends, and strategic corporate actions like share buybacks. However, the score is moderated by declining financial performance, especially in revenue and asset base, requiring attention to future growth prospects.
To see Spark’s full report on GB:JUP stock, click here.
More about Jupiter Fund Management Plc
Jupiter Fund Management Plc operates in the financial services industry, primarily focusing on asset management. The company offers a range of investment products and services aimed at individual and institutional investors, with a significant presence in the UK market.
Average Trading Volume: 1,330,034
Technical Sentiment Signal: Hold
Current Market Cap: £483.8M
See more data about JUP stock on TipRanks’ Stock Analysis page.