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Jupiter Fund Management Plc ( (GB:JUP) ) has shared an update.
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. The shares will be held in Treasury, affecting the total voting rights, which now stand at 529,222,929. This move is part of Jupiter’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:JUP) stock is a Hold with a £0.77 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 overall stock score is driven by strong corporate actions, including share buybacks and strategic acquisitions, which enhance shareholder value and support growth objectives. The technical indicators suggest positive momentum, while the valuation remains attractive with a reasonable P/E ratio and a solid dividend yield. However, the declining revenue trend poses a risk that needs addressing to ensure long-term growth.
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 and products to individual and institutional investors, primarily in the UK market.
Average Trading Volume: 1,310,143
Technical Sentiment Signal: Buy
Current Market Cap: £633M
For an in-depth examination of JUP stock, go to TipRanks’ Overview page.