Credit Suisse analyst Craig Siegenthaler maintained a Buy rating on LPL Financial (LPLA) today and set a price target of $98.00. The company’s shares closed last Monday at $81.90.
According to TipRanks.com, Siegenthaler is a 4-star analyst with an average return of 5.6% and a 59.2% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as BrightSphere Investment Group plc, E*Trade Financial, and Blackrock Inc.
LPL Financial has an analyst consensus of Strong Buy, with a price target consensus of $98.00, implying a 19.6% upside from current levels. In a report issued on September 17, Jefferies also initiated coverage with a Buy rating on the stock with a $96.00 price target.
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LPL Financial’s market cap is currently $6.74B and has a P/E ratio of 13.52. The company has a Price to Book ratio of 6.61.
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LPL Financial Holdings, Inc. serves independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow their practices.
