StockNews.com began coverage on shares of Envestnet (NYSE:ENV – Get Rating) in a research report released on Thursday morning. The brokerage issued a sell rating on the business services provider’s stock.
ENV has been the subject of several other reports. JMP Securities reissued a market outperform rating and set a $80.00 price objective on shares of Envestnet in a report on Monday, March 13th. JPMorgan Chase & Co. upped their price target on Envestnet from $53.00 to $60.00 and gave the company a neutral rating in a research note on Monday, January 23rd. DA Davidson upped their price target on Envestnet from $70.00 to $74.00 in a research note on Wednesday, January 4th. Raymond James cut Envestnet from a strong-buy rating to an outperform rating and upped their price target for the company from $63.00 to $71.00 in a research note on Friday, January 6th. Finally, Jefferies Financial Group upped their price target on Envestnet from $40.00 to $47.00 in a research note on Tuesday, February 21st. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Envestnet presently has a consensus rating of Hold and an average target price of $63.63.
Envestnet Price Performance
Shares of NYSE:ENV opened at $52.84 on Thursday. Envestnet has a 1-year low of $41.72 and a 1-year high of $84.58. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.93 and a quick ratio of 0.93. The business has a 50-day moving average price of $63.61 and a two-hundred day moving average price of $56.70.
Institutional Trading of Envestnet
Envestnet, Inc engages in the provision of intelligent systems for wealth management and financial wellness. It operates through the following segments: Envestnet Wealth Solutions and Envestnet Data & Analytics. The Envestnet Wealth Solutions segment provides unified wealth management software and services to empower financial advisors and institutions.
- Get a free copy of the StockNews.com research report on Envestnet (ENV)
- MarketBeat Week in Review – 3/13 – 3/17
- This Small Tech With Big Growth Prospects Is Nearing A Buy Point
- Don’t Chase FedEx Higher, Wait For The Pullback
- 3 Stocks For A Defensive Tech Portfolio
- Milk the Dividends on These 3 Cash Cows
Receive News & Ratings for Envestnet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Envestnet and related companies with MarketBeat.com's FREE daily email newsletter.