Barrington Keeps Their Buy Rating on Ladenburg Thalmann Financial (LTS)

Barrington analyst Alexander Paris reiterated a Buy rating on Ladenburg Thalmann Financial (NYSE: LTS) today and set a price target of $4.75. The company’s shares closed yesterday at $2.54, close to its 52-week low of $2.37.

Paris commented:

“We expect continued growth going forward, as Ladenburg leverages its significant scale and capitalizes on further consolidation opportunities. LTS should also benefit from operating leverage, through defined margin improvement initiatives, and enhanced productivity, through its practice management program and unified technology program. As such, we are reiterating our OUTPERFORM investment rating, despite the sell-off, and our 12-month price target of $4.75, suggesting nearly a double from current levels, which assumes a 0.8x multiple on our 2019 revenue estimate and a 2.1x multiple on book value.”

According to, Paris is a 4-star analyst with an average return of 11.6% and a 56.3% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Franklin Covey Company.

Ladenburg Thalmann Financial has an analyst consensus of Moderate Buy, with a price target consensus of $4.75.

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The company has a one-year high of $3.84 and a one-year low of $2.37. Currently, Ladenburg Thalmann Financial has an average volume of 219.2K.

Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LTS in relation to earlier this year.

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Ladenburg Thalmann Financial Services, Inc. is a holding company, which engages in investment banking and research, institutional sales and trading, asset management services, wholesale life insurance brokerage and trust services through its principal subsidiaries.