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AllianceBernstein Holding LP (NYSE:AB) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has upgraded AllianceBernstein Holding LP (NYSE:AB) to Hold in a report released on 10/10/2016.

Just yesterday AllianceBernstein Holding LP (NYSE:AB) traded -1.20% lower at $22.25. AllianceBernstein Holding LP’s 50-day moving average is $22.27 and its 200-day moving average is $22.93. The last stock close price is down -2.98% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. 100,425 shares of the stock traded hands, down from an avg. volume of 213,577

Performance Chart

AllianceBernstein Holding LP (NYSE:AB)

With a total market value of $0, AllianceBernstein Holding LP has 52 week low of $16.11 and a 52 week high of $27.70 with a P/E ratio of 11.56 .

In addition to Zacks Investment Research reporting its target price, a total of 7 firms have reported on the stock. The consensus target price is $21.57 with 2 firms rating the stock a strong buy, 1 firm rating the stock a buy, 4 firms rating the stock a hold, 0 firms 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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