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JPMorgan upgraded Fed Investors (NYSE:FII) from Underweight to Neutral in a statement released earlier today.

JPMorgan has upgraded Fed Investors (NYSE:FII) from Underweight to Neutral in a statement released on 5/25/2017.

Boasting a price of $25.68, Fed Investors (NYSE:FII) traded -0.49% lower on the day. With the last close down 9.42% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Fed Investors has recorded a 50-day average of $29.74 and a two hundred day average of $27.93. Volume of trade was down over the average, with 166,708 shares of FII changing hands under the typical 639,665

Recent Performance Chart

Fed Investors (NYSE:FII)

Fed Investors has price-earnings ratio of 14.55 with a one year low of $24.52 and a one year high of $31.81 and has a market cap of $0.

In addition to JPMorgan reporting its stock price target, a total of 9 brokers have issued a research note on the company. The average stock price target is $27.56 with 2 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 4 brokers rating the stock a hold, 4 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Fed Investors (NYSE:FII)

Federated Investors, Inc. (Federated) is a provider of investment management products and related financial services. Federated operates through investment management business segment. It is engaged in sponsoring, marketing and providing investment-related services to various investment products, including mutual funds and Separate Accounts, which include separately managed accounts, institutional accounts, sub-advised funds and other managed products. It operates in one segment, the investment management business. As of December 31, 2016, Federated provided investment advisory services to 124 sponsored investment companies and other funds (Federated Funds). It markets these funds to banks, brokers and dealers and other financial intermediaries using them to meet the needs of their customers and clients, including retail investors, corporations and retirement plans. The Company offers a range of products and strategies, including money market, equity and fixed-income investments.

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