Morgan Stanley analyst Michael Cyprys maintained a Sell rating on Waddell & Reed (WDR) today and set a price target of $14.00. The company’s shares closed last Monday at $15.58, close to its 52-week low of $15.09.
According to TipRanks.com, Cyprys is a 3-star analyst with an average return of 3.0% and a 52.2% success rate. Cyprys covers the Financial sector, focusing on stocks such as BrightSphere Investment Group plc, Apollo Global Management LLC, and Victory Capital Holdings Inc.
Currently, the analyst consensus on Waddell & Reed is a Moderate Sell with an average price target of $15.63.
See today’s analyst top recommended stocks >>
The company has a one-year high of $21.43 and a one-year low of $15.09. Currently, Waddell & Reed has an average volume of 820.7K.
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.
Waddell & Reed Financial, Inc. provides investment advisory, investment management, investment product underwriting, distribution and administrative services. It operates through distinct distribution business channels: Advisors channel, Wholesale channel and Institutional channel.
