KBW Reaffirms Their Hold Rating on Waddell & Reed (WDR)


In a report issued on November 14, Robert Lee from KBW reiterated a Hold rating on Waddell & Reed (WDR), with a price target of $19. The company’s shares opened today at $19.64.

According to TipRanks.com, Lee is a 5-star analyst with an average return of 6.9% and a 63.7% success rate. Lee covers the Financial sector, focusing on stocks such as Victory Capital Holdings Inc, Oaktree Capital Group Llc, and Janus Henderson Group plc.

Waddell & Reed has an analyst consensus of Moderate Sell, with a price target consensus of $18.88.

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Waddell & Reed’s market cap is currently $1.52B and has a P/E ratio of 9.58. The company has a Price to Book ratio of 1.73.

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock.

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Waddell & Reed Financial, Inc. provides investment advisory, investment management, investment product underwriting, distribution and administrative services. It operates through distinct distribution business channels: Advisors channel, Wholesale channel and Institutional channel.

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