Eaton Vance Corporation (EV) : 6 analysts are covering Eaton Vance Corporation (EV) and their average rating on the stock is 3, which is read as a Hold. Eaton Vance Corporation (EV) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Eaton Vance Corporation (EV) : The consensus price target for Eaton Vance Corporation (EV) is $36.8 for the short term with a standard deviation of $5.72. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $43, however, the pessimist price target for the company is $28.
Also, Equity Analysts at the Keefe Bruyette & Woods maintains the rating on Eaton Vance Corporation (NYSE:EV). The brokerage firm has issued a Market Perform rating on the shares. The Analysts at the ratings agency raises the price target from $38 per share to $40 per share. The rating by the firm was issued on August 19, 2016.
Eaton Vance Corporation (NYSE:EV): After opening at $38.33, the stock dipped to an intraday low of $38.26 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $38.715 and the buying power remained strong till the end. The stock closed at $38.52 for the day, a gain of 0.68% for the day session. The total traded volume was 539,919. The stocks close on the previous trading day was $38.26.
Eaton Vance Corp is managing investment funds and providing investment management and advisory services to institutions and high-net-worth individuals. The Company develops and sustains management expertise across a range of investment disciplines and offers investment products and services through multiple distribution channels. The Companys principal investment affiliates Eaton Vance Management, Parametric, Atlanta Capital and Hexavest offer a range of strategies. The Eaton Vance Management offers Equity, income and alternative strategies based on in-depth fundamental analysis. The Parametric offers rules-based alpha-seeking equity, alternative and options strategies and implementation services. The Atlanta Capital actively manages high-quality US stock and bond portfolios constructed using bottom-up fundamental analysis. The Hexavest offer global equity and tactical allocation strategies combining fundamental research and quantitative models.