On a relative basis, the stock has outperformed the S&P 500 by 0.6% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The 4-week change in the price of the stock is -1.43% and the stock has fallen -1.55% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.95% and the 50-Day Moving Average is 0.51%.The 200 Day SMA reached 2.07% Legg Mason, Inc. is up 8.86% in the last 3-month period. Year-to-Date the stock performance stands at -13.07%.
Legg Mason (LM) : The most positive equity analysts on Legg Mason (LM) expects the shares to touch $45, whereas, the least positive believes that the stock will trade at $35 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $39 with an expected fluctuation of $3.52 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Legg Mason (NYSE:LM): stock was range-bound between the intraday low of $33.42 and the intraday high of $33.85 after having opened at $33.81 on Fridays session. The stock finally closed in the red at $33.81, a loss of -1.38%. The stock remained in the red for the whole trading day. The total traded volume was 3,602,034 shares. The stock failed to cross $33.85 in Fridays trading. The stocks closing price on Thursday was $34.15.
Legg Mason, Inc. is a holding company. Through its subsidiaries, the Company provides investment management and related services to institutional and individual clients, company-sponsored investment funds and retail separately managed account programs. The Company offers its products and services directly and through various financial intermediaries. Its investment advisory services include discretionary and non-discretionary management of separate investment accounts in numerous investment styles for institutional and individual investors. Its investment products include proprietary mutual funds ranging from money market and other liquidity products to fixed income, equity and alternative funds managed in a wide variety of investment styles. The Company also offers other domestic and offshore funds to both retail and institutional investors and funds-of-hedge funds. The Companys United States mutual funds consist of two groups of mutual and closed-end funds.