UBS Sticks to Their Buy Rating for Envestnet Inc (ENV)


UBS analyst Alex Kramm maintained a Buy rating on Envestnet Inc (ENV) today and set a price target of $80. The company’s shares opened today at $66.75, close to its 52-week high of $67.52.

According to TipRanks.com, Kramm is a 5-star analyst with an average return of 16.7% and a 72.6% success rate. Kramm covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Jones Lang Lasalle Inc, and Verisk Analytics.

Currently, the analyst consensus on Envestnet Inc is a Strong Buy with an average price target of $70.60.

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The company has a one-year high of $67.52 and a one-year low of $46.57. Currently, Envestnet Inc has an average volume of 270.7K.

Based on the recent corporate insider activity of 146 insiders, corporate insider sentiment is negative on the stock. Last month, Scott Grinis, the CTO of ENV sold 10,000 shares for a total of $652,000.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Envestnet, Inc. engages in the provision of intelligent systems for wealth management and financial wellness. It operates through the Envestnet and Envestnet/Yodlee business segments. The Envestnet segment provides wealth management software and services to empower financial advisors and institutions.

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