Broadridge Financial Solutions, Inc. (NYSE:BR) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: November 28, 2016
Zacks Investment Research has upgraded Broadridge Financial Solutions, Inc. (NYSE:BR) to Hold in a statement released on 11/28/2016.
Displaying a price of $65.94, Broadridge Financial Solutions, Inc. (NYSE:BR) traded 0.12% higher on the day. With the last close down -0.29% 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 $64.38 and a 200-day moving average of $66.13. Volume of trade was down over the average, with 545,172 shares of BR changing hands under the typical 605,916
With a total market value of $0, Broadridge Financial Solutions, Inc. has price-earnings ratio of 26.06 with a one year low of $48.56 and a one year high of $71.74 .
A total of 5 equity analysts have released a ratings update on BR. zero equity analysts rating the company a strong buy, three equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $66.80.
Brief Synopsis About Broadridge Financial Solutions, Inc. (NYSE:BR)
Broadridge Financial Solutions, Inc. (Broadridge) is a provider of investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporate issuers. The Company's segments include Investor Communication Solutions, and Global Technology and Operations. The Company offers Bank/Broker-Dealer Investor Communication Solutions, Customer Communication Solutions, Corporate Issuer Solutions, Advisor Solutions and Mutual Fund and Retirement Solutions through Investor Communication Solutions segment. The Company offers a middle- and back-office securities processing platform for North American and global broker-dealers. Its services include investor and customer communications, securities processing, and data and analytics solutions. The Company delivers a range of solutions that helps its clients serve their retail and institutional customers across the entire investment lifecycle, including pre-trade, trade, and post-trade processing functionality.
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