In a report released on May 9, Kenneth Lee from RBC Capital maintained a Buy rating on BrightSphere Investment Group (BSIG – Research Report), with a price target of $27.00. The company’s shares closed yesterday at $21.67.
According to TipRanks, Lee is a 5-star analyst with an average return of 12.9% and a 56.13% success rate. Lee covers the Financial sector, focusing on stocks such as Ares Management, Victory Capital Holdings, and Ameriprise Financial.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BrightSphere Investment Group with a $24.50 average price target.
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The company has a one-year high of $26.87 and a one-year low of $14.72. Currently, BrightSphere Investment Group has an average volume of 131.6K.
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BrightSphere Investment Group, Inc. is a holding company, which engages in the provision of asset management services. It also focuses on the development of new business opportunities in domestic and international markets. The company was founded on May 29, 2014 and is headquartered in Boston, MA.
