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Is Jupiter still a buy as RDR price war bites?
by Danielle Levy on Oct 31, 2013 at 13:15
Panmure Gordon is even more bullish on the potential share price gains for Jupiter, with a target price of 470p, saying: ‘On the basis of our full-year 2013 December earnings per share estimate of 25.3p, the price-to-earnings is 14.1 times, falling to 12.2 times for the full-year 2015 with an earnings per share of 29.2p.
‘We view the shares as being attractively priced on both valuation grounds and for growth potential, such as in the international strategy, which is still in its early phase.’
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On the road
by Danielle Levy on Dec 04, 2013 at 11:37