Analysts have been eager to weigh in on the Financial sector with new ratings on Nasdaq (NDAQ), State Street (STT) and Citizens Financial (CFG).
Nasdaq (NDAQ)
In a report released today, Ben Herbert from Citigroup maintained a Hold rating on Nasdaq, with a price target of $127.00. The company’s shares closed last Monday at $129.10, close to its 52-week high of $129.15.
According to TipRanks.com, Herbert is a 3-star analyst with an average return of 8.2% and a 75.0% success rate. Herbert covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Cboe Global Markets, and Virtu Financial.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nasdaq with a $124.23 average price target, which is a -3.2% downside from current levels. In a report issued on July 8, Jefferies also maintained a Hold rating on the stock with a $117.00 price target.
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State Street (STT)
In a report released today, Susan Roth Katzke from Credit Suisse maintained a Hold rating on State Street, with a price target of $68.00. The company’s shares closed last Monday at $60.85.
According to TipRanks.com, Katzke is a 5-star analyst with an average return of 13.5% and a 68.7% success rate. Katzke covers the Financial sector, focusing on stocks such as JPMorgan Chase & Co., First Republic Bank, and Goldman Sachs Group.
Currently, the analyst consensus on State Street is a Hold with an average price target of $71.50, which is a 16.6% upside from current levels. In a report issued on July 9, Deutsche Bank also maintained a Hold rating on the stock with a $67.00 price target.
Citizens Financial (CFG)
In a report released today, Kevin Heal from Argus Research maintained a Buy rating on Citizens Financial, with a price target of $34.00. The company’s shares closed last Monday at $24.99.
According to TipRanks.com, Heal is ranked #5302 out of 6793 analysts.
Citizens Financial has an analyst consensus of Strong Buy, with a price target consensus of $30.67, which is a 22.5% upside from current levels. In a report issued on July 7, UBS also maintained a Buy rating on the stock with a $30.00 price target.
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