Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Jupiter Fund Management Plc ( (GB:JUP) ) has issued an announcement.
Jupiter Fund Management Plc announced the repurchase of 100,000 of its ordinary shares as part of a share buyback program. The shares were purchased on the London Stock Exchange at a weighted average price of £1.304439 and will be held in Treasury, impacting the company’s total voting rights and potentially affecting shareholder interests.
The most recent analyst rating on (GB:JUP) stock is a Hold with a £106.00 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’s overall stock score is positively influenced by its strategic corporate moves, such as the acquisition of CCLA and an extensive share buyback program. Technical indicators show strong momentum, although caution is advised due to overbought conditions. The financial performance indicates solid equity strength and cash generation but is challenged by declining revenue and profitability.
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 managing mutual funds and investment portfolios.
Average Trading Volume: 1,290,282
Technical Sentiment Signal: Buy
Current Market Cap: £667.6M
For detailed information about JUP stock, go to TipRanks’ Stock Analysis page.