SEI Investments Company (SEIC) : The consensus on SEI Investments Company (SEIC) based on 5 analyst recommendation on the company stock is 1.6, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
SEI Investments Company (SEIC) : The highest level SEI Investments Company (SEIC) is projected to reach is $55 for the short term and the lowest estimate is at $47. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $51.25 and the possibility the share price can swing is $3.5.
Also, Keefe Bruyette & Woods maintains its rating on SEI Investments Company (NASDAQ:SEIC). The global brokerage major lowers the current price target from $51 per share to $47 per share. Analysts at the Keefe Bruyette & Woods have a current rating of Market Perform on the shares. The rating by the firm was issued on July 28, 2016.
SEI Investments Company (NASDAQ:SEIC): After opening at $44.71, the stock dipped to an intraday low of $44.6604 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $45.65 and the buying power remained strong till the end. The stock closed at $45.54 for the day, a gain of 1.88% for the day session. The total traded volume was 668,919. The stocks close on the previous trading day was $44.7.
SEI Investments Company is a provider of investment processing, investment management and investment operations solutions. The Company enables corporations, financial institutions, financial advisors and ultra-high-net-worth families create and manage wealth by providing investment and investment-business solutions. The Company operates in five segments: Private Banks, Investment Advisors, Institutional Investors, Investment Managers and Investments in New Businesses. The Companys investment management business solutions include investment processing outsourcing solutions for providers of institutional and private-client wealth management services, including banks, trust companies, independent wealth advisers and other financial services firms; investment management solutions for institutional investors, and individual investors and investment operations outsourcing solutions for investment management firms, banks and investment companies.