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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, purchasing 100,000 ordinary shares at an average price of £1.246761 on the London Stock Exchange. This transaction is part of a previously announced buyback program, and the shares will be held in Treasury, affecting the total voting rights for shareholders.
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 such as share buybacks and strategic acquisitions, which enhance shareholder value. The technical indicators show a positive trend, supporting the stock’s momentum. However, declining revenue and profitability pressures slightly offset these positives, highlighting the need for improved financial performance to sustain 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 investment management. The company provides a range of investment products and services, catering to individual and institutional investors, primarily in the UK market.
Average Trading Volume: 1,316,891
Technical Sentiment Signal: Buy
Current Market Cap: £631.7M
See more data about JUP stock on TipRanks’ Stock Analysis page.