Jupiter Fund Management Executes Share Buyback

Jupiter Fund Management Plc ( (GB:JUP) ) just unveiled an announcement.

Jupiter Fund Management Plc has executed a share buyback transaction, purchasing 122,000 of its ordinary shares on the London Stock Exchange as part of its ongoing buyback programme. This move, in line with shareholder authority, aims to consolidate the company’s capital structure by holding the purchased shares in Treasury, impacting the total voting rights and potentially influencing 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.

Jupiter Fund Management Plc’s stock receives a favorable score due to its attractive valuation with a low P/E ratio and substantial dividend yield, signaling potential undervaluation. The technical indicators support a strong upward trend, despite a high RSI indicating potential overbought conditions. Financial performance shows strengths in equity position and cash flow, though revenue declines pose a risk to growth. The absence of recent earnings call data limits this analysis.

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, focusing on asset management. The company provides investment management services to individual and institutional investors, with a market focus on delivering strong, long-term investment performance.

Average Trading Volume: 1,276,086

Technical Sentiment Signal: Buy

Current Market Cap: £516.8M

For an in-depth examination of JUP stock, go to TipRanks’ Overview page.