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Clik here to view.Federated Investors (NYSE: FII) had its target price decreased by Jefferies Group from $22.50 to $22.00 in a research note released on Thursday morning, Analyst Ratings.Net reports. They currently have an underweight rating on the stock.
Jefferies Group has also taken action a number of other financials stocks recently. The firm lowered its price target on shares of T. Rowe Price Group Inc. from $82.50 to $80.50. They have an overweight rating on that stock.
A number of other firms have also recently commented on FII. Analysts at Zacks reiterated a neutral rating on shares of Federated Investors in a research note to investors on Thursday, June 27th. They now have a $28.00 price target on the stock. Separately, analysts at Goldman Sachs Group Inc. reiterated a neutral rating on shares of Federated Investors in a research note to investors on Wednesday, June 12th. They now have a $25.00 price target on the stock. Finally, analysts at Credit Suisse reiterated a sell rating on shares of Federated Investors in a research note to investors on Friday, May 31st. They now have a $19.00 price target on the stock.
Seven research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $23.04.
Federated Investors (NYSE: FII) traded down 0.10% on Thursday, hitting $29.77. Federated Investors has a 52-week low of $18.28 and a 52-week high of $29.83. The stock’s 50-day moving average is currently $27.82. The company has a market cap of $2.992 billion and a price-to-earnings ratio of 16.61.
Federated Investors, Inc(NYSE: FII)is a provider of investment management products and related financial services.Image may be NSFW.
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