In a report released yesterday, Kenneth Lee from RBC Capital maintained a Buy rating on BrightSphere Investment Group (BSIG), with a price target of $8.00. The company’s shares closed last Thursday at $6.53.
According to TipRanks.com, Lee has 0 stars on 0-5 star ranking scale with an average return of -8.8% and a 36.8% success rate. Lee covers the Financial sector, focusing on stocks such as American Equity Investment Life, Victory Capital Holdings, and Apollo Investment Corp.
BrightSphere Investment Group has an analyst consensus of Hold, with a price target consensus of $8.31.
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BrightSphere Investment Group’s market cap is currently $527M and has a P/E ratio of 2.20. The company has a Price to Book ratio of -1.68.
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BrightSphere Investment Group, Inc. is a holding company, which engages in the provision of asset management services. It also focuses on the development of new business opportunities in domestic and international markets. The company was founded on May 29, 2014 and is headquartered in Boston, MA.
