Barclays Sticks to Its Hold Rating for Legg Mason (LM)


Barclays analyst Jeremy Campbell maintained a Hold rating on Legg Mason (LM) yesterday and set a price target of $42.00. The company’s shares closed last Monday at $37.64, close to its 52-week high of $40.27.

According to TipRanks.com, Campbell is a 3-star analyst with an average return of 2.8% and a 58.7% success rate. Campbell covers the Financial sector, focusing on stocks such as Virtus Investment Partners, Intercontinental Exchange, and Apollo Global Management.

Legg Mason has an analyst consensus of Moderate Buy, with a price target consensus of $45.25, a 17.4% upside from current levels. In a report issued on December 6, Wells Fargo also maintained a Hold rating on the stock.

See today’s analyst top recommended stocks >>

The company has a one-year high of $40.27 and a one-year low of $23.25. Currently, Legg Mason has an average volume of 542.4K.

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.

Legg Mason, Inc. provides securities brokerage, trading and investment services. The firm’s segment includes Global Asset Management. The segment: Global Asset Management provides investment advisory services to institutional and individual clients and to company-sponsored investment funds.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts