Zacks Investment Research downgraded Legg Mason Inc (NYSE:LM) to Sell in a statement released earlier today.
- Updated: March 20, 2017
Boasting a price of $35.47, Legg Mason Inc (NYSE:LM) traded -0.92% lower on the day. With the last close up 7.36% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same period. Legg Mason Inc has recorded a 50-day average of $35.80 and a two hundred day average of $33.02. Volume of trade was down over the average, with 196,749 shares of LM changing hands under the typical 1,577,880
Zacks Investment Research has downgraded Legg Mason Inc (NYSE:LM) to Sell in a statement released on 3/20/2017.
On Friday March 03, 2017, Evercore ISI released a statement for Legg Mason Inc (NYSE:LM) bumped up the target price from $0.00 to $36.00 that suggested a downside of -0.03%.
With a total market value of $0, Legg Mason Inc has price-earnings ratio of 36.32 with a one year low of $27.54 and a one year high of $38.99 .
A total of 11 analysts have released a report on Legg Mason Inc. Four analysts rating the company a strong buy, five analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $41.18.
More About Legg Mason Inc (NYSE:LM)
Legg Mason, Inc. is a holding company. The Company and its subsidiaries are principally engaged in providing asset management and related financial services to individuals, institutions, corporations and municipalities. The Company operates through Global Asset Management segment. Global Asset Management provides investment advisory services to institutional and individual clients and to the Company-sponsored investment funds. The Company, through its subsidiaries, provides investment management and related services to institutional and individual clients, Company-sponsored investment funds and retail separately managed account programs. It offers its products and services directly and through various financial intermediaries. It has operations principally in the United States and the United Kingdom and also has offices in Australia, Bahamas, Brazil, Canada, Chile, China, Dubai, France, Germany, Italy, Japan, Luxembourg, Poland, Singapore, Spain, Switzerland and Taiwan.
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