BrightSphere Investment Group plc (BSIG) Receives a Buy from Wells Fargo


In a report released today, Christopher Harris from Wells Fargo maintained a Buy rating on BrightSphere Investment Group plc (BSIG). The company’s shares opened today at $14.32.

According to TipRanks.com, Harris is a 4-star analyst with an average return of 8.1% and a 63.9% success rate. Harris covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Oaktree Capital Group Llc, and Raymond James Financial.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BrightSphere Investment Group plc with a $14.75 average price target.

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BrightSphere Investment Group plc’s market cap is currently $1.47B and has a P/E ratio of 11.35. The company has a Price to Book ratio of 14.58.

Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is neutral on the stock.

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Brightsphere Investment Group Plc engages in the provision investment management services and products. It offers its services to institutional investors, in asset classes that include equities, fixed income, real estate, and timber. The company was founded in May 2014 and is headquartered in London, the United Kingdom.

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