A statement released earlier today by Zacks Investment Research about Financial Engines Inc (NASDAQ:FNGN) bumps the target price to $33.00
- Updated: October 8, 2016
Stating a potential upside of 0.11%, Zacks Investment Research upped the price target of Financial Engines Inc (NASDAQ:FNGN) to $33.00
Having a price of $29.64, Financial Engines Inc (NASDAQ:FNGN) traded -2.44% lower on the day. With the last close up -0.66% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Financial Engines Inc has recorded a 50-day average of $30.53 and a two hundred day average of $29.00. Volume of trade was down over the average, with 134,704 shares of FNGN changing hands under the typical 254,977
With a total market value of $0, Financial Engines Inc has price-earnings ratio of 59.65 with a one year low of $23.22 and a one year high of $40.00 .
A total of 4 analysts have released a research note on Financial Engines Inc. Three analysts rating the company a strong buy, two analysts rating the company a buy, one analyst rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $36.75.
More About Financial Engines Inc (NASDAQ:FNGN)
Financial Engines, Inc. provides independent, technology-enabled portfolio management services, investment advice and retirement income services to participants in employer-sponsored defined contribution plans, such as 401(k) plans. The Company offers personalized plans for saving, investing, and generating retirement income, as well as by providing assessments of retirement income needs and readiness. It uses its advice technology platform to provide its services to millions of retirement plan participants. Its target over three constituencies in the retirement plan market, including plan participants (employees of companies offering 401(k) plans), plan sponsors (employers offering 401(k) plans to their employees) and plan providers (companies providing administrative services to plan sponsors). It offers Financial Engines Income+, which prepares a portfolio to generate income in retirement, and calculates and facilitates the payment of steady recurring payouts throughout retirement.
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