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Jupiter Fund Management Plc ( (GB:JUP) ) has provided an update.
Jupiter Fund Management Plc announced the purchase of 14,407 of its ordinary shares as part of its ongoing share buyback program. This transaction, conducted through Numis Securities Limited, is intended to hold the shares in Treasury, affecting the total voting rights and share distribution, which stakeholders can use to assess their interests in accordance with FCA regulations.
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 score is bolstered by strong corporate actions such as share buybacks and a favorable valuation, making it attractive despite financial performance challenges. The technical indicators suggest strong upward momentum, although caution is needed due to overbought signals. The company’s strategic initiatives and management changes are positive, contributing to investor confidence.
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 investment management and asset management services. The company is known for managing a range of funds and investment portfolios, catering to both individual and institutional investors.
Average Trading Volume: 1,161,811
Technical Sentiment Signal: Hold
Current Market Cap: £525.6M
Learn more about JUP stock on TipRanks’ Stock Analysis page.