Raymond James reissued their outperform rating on shares of John Hancock Financial Opprts Fund (NYSE:BTO) in a report published on Friday, Stock Target Advisor reports. Raymond James currently has a $6.25 target price on the financial services provider’s stock.
BTO has been the subject of a number of other research reports. TD Securities increased their price target on shares of John Hancock Financial Opprts Fund from $7.00 to $7.50 and gave the company a buy rating in a report on Thursday. National Bank Financial lowered their price target on shares of John Hancock Financial Opprts Fund from $8.00 to $7.50 in a report on Monday, October 21st.
Shares of NYSE:BTO traded down $0.08 during trading on Friday, reaching $34.96. The company’s stock had a trading volume of 39,300 shares, compared to its average volume of 56,795. John Hancock Financial Opprts Fund has a 12 month low of $25.81 and a 12 month high of $38.20. The firm’s 50 day simple moving average is $32.55 and its two-hundred day simple moving average is $32.12.
About John Hancock Financial Opprts Fund
John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector.
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