AllianceBernstein Holding LP (NYSE:AB) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: December 1, 2016
Having a price of $22.90, AllianceBernstein Holding LP (NYSE:AB) traded 1.33% higher on the day. With the last stock price close up 1.17% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $22.35 and a 200-day moving average of $22.63. 333,298 shares of the stock traded hands, up from an average trading volume of 229,200
Zacks Investment Research has downgraded AllianceBernstein Holding LP (NYSE:AB) to Sell in a statement released on 12/02/2016.
Recent Performance Chart
With a total market value of $0, AllianceBernstein Holding LP has 52 week low of $16.11 and a 52 week high of $25.24 with a P/E ratio of 11.33 .
In addition to Zacks Investment Research reporting its target, a total of 7 analysts have released a research note on AB. The one year target is $21.57 with two brokerages rating the company a strong buy, one equity analyst rating the company a buy, four equity analysts rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 firms rating the stock a sell.
About AllianceBernstein Holding LP (NYSE:AB)
AllianceBernstein Holding L.P. provides research, investment management and related services to a range of clients through three buy-side distribution channels, institutions, retail and private wealth management, and its sell-side business, Bernstein Research Services. The Company's principal services include institutional services, retail services, private wealth management services and Bernstein research services. It offers institutional services to institutional clients, including private and public pension plans, foundations and endowments, insurance companies, central banks and governments around the world. It offers retail services that serve retail clients, primarily by means of retail mutual funds. It offers private wealth management services to private clients, including high-net-worth individuals and families, trusts and estates, charitable foundations, partnerships, private and family corporations, and other entities. It is engaged in providing various investment services.
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