Sandler O'Neill downgraded Broadridge Financial Solutions, Inc. (NYSE:BR) to Hold in a report released today.
- Updated: October 1, 2016
Yesterday Broadridge Financial Solutions, Inc. (NYSE:BR) traded 0.61% higher at $69.37. The company’s 50-day moving average is $68.89 and its 200-day moving average is $64.47. The last closing price is up 5.14% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 738,313 shares of the stock traded hands, up from an average trading volume of 622,764
Sandler O'Neill has downgraded Broadridge Financial Solutions, Inc. (NYSE:BR) to Hold in a report released on Thursday September 29, 2016.
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Broadridge Financial Solutions, Inc. has a 52 week low of $48.56 and a 52 week high of $71.74 with a P/E ratio of 26.79 The company’s market cap is currently $0.
In addition to Sandler O'Neill 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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