In a report released today, Michael Cyprys from Morgan Stanley maintained a Hold rating on Virtus Investment Partners (VRTS), with a price target of $111. The company’s shares closed yesterday at $102.65, close to its 52-week low of $96.22.
According to TipRanks.com, Cyprys is a 3-star analyst with an average return of 2.2% and a 49.1% success rate. Cyprys covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Victory Capital Holdings Inc, and Oaktree Capital Group Llc.
Virtus Investment Partners has an analyst consensus of Moderate Buy, with a price target consensus of $125.33.
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Virtus Investment Partners’ market cap is currently $733.6M and has a P/E ratio of 12.18. The company has a Price to Book ratio of 1.38.
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Virtus Investment Partners, Inc. is an asset management company which provides investment management and related services to individuals and institutions. It offers financial solutions and products such as mutual funds, managed accounts, institutional, closed-end funds, Virtus variable insurance trust funds, and other portfolio.
