Jupiter Fund Management Executes Share Buyback Program

The latest announcement is out from Jupiter Fund Management Plc ( (GB:JUP) ).

Jupiter Fund Management Plc has executed a share buyback program, purchasing 100,000 of its ordinary shares on the London Stock Exchange at a weighted average price of £0.915347. These shares will be held in Treasury, affecting the total voting rights and share count, which now stands at 533,121,747. This move is part of a broader strategy to manage capital and potentially enhance shareholder value.

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 scores well on valuation due to its low P/E ratio and high dividend yield, suggesting it is undervalued. Technical analysis shows strong bullish momentum. However, declining financial performance and profitability are concerns, though mitigated by strong equity positioning and cash flow.

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 offers a range of investment products and services, catering to both individual and institutional clients, with a strong presence in the UK market.

Average Trading Volume: 1,486,619

Technical Sentiment Signal: Hold

Current Market Cap: £464.8M

Learn more about JUP stock on TipRanks’ Stock Analysis page.