In a report released yesterday, Craig Siegenthaler from Credit Suisse maintained a Hold rating on Legg Mason (LM), with a price target of $31. The company’s shares closed yesterday at $27.64.
According to TipRanks.com, Siegenthaler is a 4-star analyst with an average return of 3.8% and a 56.5% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Janus Henderson Group plc, Raymond James Financial, and WisdomTree Investments.
The word on The Street in general, suggests a Hold analyst consensus rating for Legg Mason with a $29.78 average price target, representing a 7.7% upside. In a report issued on January 11, Merrill Lynch also upgraded the stock to Hold with a $29 price target.
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The company has a one-year high of $47.13 and a one-year low of $23.25. Currently, Legg Mason has an average volume of 894K.
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Legg Mason, Inc. is a global asset management company. It provides investment management and related services to institutional and individual clients, company sponsored mutual funds and other pooled investment vehicles through financial intermediaries.
