Legg Mason (LM) Receives a Hold from Credit Suisse


In a report released yesterday, Craig Siegenthaler from Credit Suisse maintained a Hold rating on Legg Mason (LM), with a price target of $33. The company’s shares closed yesterday at $30.05.

According to TipRanks.com, Siegenthaler is a 4-star analyst with an average return of 5.1% and a 60.2% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Raymond James Financial, WisdomTree Investments, and Affiliated Managers.

Legg Mason has an analyst consensus of Moderate Buy, with a price target consensus of $30.33, representing a 0.9% upside. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a $27 price target.

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The company has a one-year high of $42.24 and a one-year low of $23.25. Currently, Legg Mason has an average volume of 890.2K.

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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.

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