Broadridge Financial Solutions, Inc. (NYSE:BR) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 16, 2016
Yesterday Broadridge Financial Solutions, Inc. (NYSE:BR) traded 0.74% higher at $65.11. The company’s 50-day moving average is $68.53 and its 200-day moving average is $65.08. With the last stock price close up 1.02% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 427,923 shares of BR changing hands under the typical 623,511
Zacks Investment Research has upgraded Broadridge Financial Solutions, Inc. (NYSE:BR) to Hold in a report released on 10/11/2016.
With a total market value of $0, Broadridge Financial Solutions, Inc. has P/E ratio of 25.98 with a 52 week low of $48.56 and a 52 week high of $71.74 .
In addition to Zacks Investment Research reporting its stock price target, a total of 5 brokers have issued a research note on the company. The average stock price target is $66.80 with 0 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information 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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