In a report released yesterday, Kenneth Lee from RBC Capital maintained a Buy rating on Cannae Holdings (CNNE – Research Report), with a price target of $32.00. The company’s shares closed yesterday at $18.79.
According to TipRanks, Lee is a 5-star analyst with an average return of 14.3% and a 58.52% success rate. Lee covers the Financial sector, focusing on stocks such as Ameriprise Financial, Federated Hermes, and Invesco.
Cannae Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $32.00.
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The company has a one-year high of $25.74 and a one-year low of $17.12. Currently, Cannae Holdings has an average volume of 365.6K.
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Cannae Holdings, Inc. engages in the management and operation of a group of companies and investments. It operates through the following business segment: Restaurant Group, Ceridian, T-System, and Corporate and Other. The Restaurant Group segment is consist of the operations of ABRH. The Ceridian segment refers to Ceridian HCM, a global company which offers a broad range of services and software designed to help employers effectively manage employment processes. The T-System segment is comprised of the operations of the wholly-owned subsidiary of the company, T-System which provides clinical documentation and coding solutions to hospital based and free standing emergency departments and urgent care facilities. The Corporate and Other segment covers certain other unallocated corporate overhead expenses and other smaller investments. The company is headquartered in Las Vegas, NV.
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