Wells Fargo Keeps a Buy Rating on BrightSphere Investment Group (BSIG)


In a report issued on December 6, Christopher Harris from Wells Fargo maintained a Buy rating on BrightSphere Investment Group (BSIG). The company’s shares closed last Monday at $9.91.

According to TipRanks.com, Harris is a 4-star analyst with an average return of 9.1% and a 68.0% success rate. Harris covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Raymond James Financial, and Cboe Global Markets.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for BrightSphere Investment Group with a $13.33 average price target.

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BrightSphere Investment Group’s market cap is currently $853.3M and has a P/E ratio of 5.22. The company has a Price to Book ratio of 30.55.

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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.

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