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KBW upgraded WisdomTree Investments (NDAQ:WETF) from Underperform to Mkt Perform in a statement released today.

KBW has upgraded WisdomTree Investments (NDAQ:WETF) from Underperform to Mkt Perform in a report released on Tuesday November 14, 2017.

Just yesterday WisdomTree Investments (NDAQ:WETF) traded 2.55% higher at $11.18. WisdomTree Investments’s 50-day moving average is $9.25 and its 200-day moving average is $9.38. The last closing price is up -1.35% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 1,531,944 shares of WETF traded hands, up from an average trading volume of 1,280,740

Recent Performance Chart

WisdomTree Investments (NDAQ:WETF)

WisdomTree Investments has 52 week low of $7.87 and a 52 week high of $13.32 with a PE ratio of 42.05 and has a market capitalization of $0.

In addition to KBW reporting its stock price target, a total of 8 brokers have issued a research note on the company. The average stock price target is $11.00 with 2 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 4 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

Brief Synopsis On WisdomTree Investments (NDAQ:WETF)

WisdomTree Investments, Inc. is an asset management company that focuses on exchange-traded funds (ETFs). The Company's family of ETFs includes funds that track its own indexes, funds that track third party indexes and actively managed funds. It operates as an exchange traded products sponsor and asset manager providing investment advisory services in the United States, Europe, Canada and Japan. These activities are reported in its U.S. Business segment that comprises its the United States business and Japan sales office, which primarily engages in selling its United States listed ETFs to Japanese institutions, and International Business segment, that comprises its European business and Canadian business. Its United States listed products include International Hedged Equity ETFs, Equity ETFs, Fixed Income ETFs, Currency ETFs, Alternative Strategy ETFs and Commodity ETFs. Its portfolio of Non-the United States listed products include WisdomTree UCITS ETFs, Boost ETPs and Canadian ETFs.

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