Eaton Vance Corp (NYSE:EV) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 8, 2016
Zacks Investment Research has downgraded Eaton Vance Corp (NYSE:EV) to Hold in a report released on Wednesday October 05, 2016.
On Friday September 16, 2016, Zacks Investment Research reported about Eaton Vance Corp (NYSE:EV) upped the target price from $0.00 to $43.00 that suggested an upside of 0.12%.
Only yesterday Eaton Vance Corp (NYSE:EV) traded -1.41% lower at $38.88. EV’s 50-day average is $39.19 and its 200-day moving average is $36.56. The last stock price is up 4.96% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Volume of trade was down over the average, with 500,134 shares of EV changing hands under the typical 672,615
With a total market value of $0, Eaton Vance Corp has PE ratio of 18.43 with a 52 week low of $26.44 and a 52 week high of $40.36 .
Also covering Eaton Vance Corp's price target, a total of 10 brokers have issued a report on the company. The average stock price target is $32.80 with 0 firms rating the stock a strong buy, one analyst rating the company a buy, nine equity analysts rating the company a hold, two firms rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis About Eaton Vance Corp (NYSE:EV)
Eaton Vance Corp. is engaged in business of managing investment funds and providing investment management and advisory services to individuals and institutions. The Company seeks to develop and sustain management expertise across a range of investment disciplines, and offer investment products and services through various distribution channels. It operates in the investment adviser segment managing funds and separate accounts. The Company, through its subsidiaries, Eaton Vance Management and Atlanta Capital Management, LLC, and other affiliates, manages active equity, income and alternative strategies across a range of investment styles and asset classes, including the United States and global equities, floating-rate bank loans, municipal bonds and investment grade bonds. Through its subsidiary, Parametric Portfolio Associates LLC (Parametric), it manages a range of engineered alpha strategies, including systematic equity, systematic alternatives and managed options strategies.
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