Eaton Vance Corporation (NYSE:EV) : 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Eaton Vance Corporation (NYSE:EV). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 7 Wall Street Analysts endorse the stock as a Hold with a rating of 3.29.
Eaton Vance Corporation (NYSE:EV) stock is expected to deviate a maximum of $5.55 from the average target price of $35.4 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $43 and the most muted being $28.
Company shares have received an average consensus rating of Hold for the current week Also, Keefe Bruyette & Woods maintains their rating on the shares of Eaton Vance Corporation (NYSE:EV). The current rating of the shares is Market Perform. Equity Analysts at the Firm raises the price target to $38 per share from $36 per share. The rating by the firm was issued on May 27, 2016.
Eaton Vance Corporation (NYSE:EV): stock turned positive on Tuesday. Though the stock opened at $33.69, the bulls momentum made the stock top out at $33.69 level for the day. The stock recorded a low of $33.1 and closed the trading day at $33.56, in the green by 1.36%. The total traded volume for the day was 1,210,334. The stock had closed at $33.11 in the previous days trading.
In an insider trading activity, The director, of Eaton Vance Corp, Smith Winthrop H Jr had unloaded 8,197 shares at $37.2 per share in a transaction on June 23, 2016. The total value of transaction was $304,928. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Eaton Vance Corp is managing investment funds and providing investment management and advisory services to institutions and high-net-worth individuals. The Company develops and sustains management expertise across a range of investment disciplines and offers investment products and services through multiple distribution channels. The Companys principal investment affiliates Eaton Vance Management, Parametric, Atlanta Capital and Hexavest offer a range of strategies. The Eaton Vance Management offers Equity, income and alternative strategies based on in-depth fundamental analysis. The Parametric offers rules-based alpha-seeking equity, alternative and options strategies and implementation services. The Atlanta Capital actively manages high-quality US stock and bond portfolios constructed using bottom-up fundamental analysis. The Hexavest offer global equity and tactical allocation strategies combining fundamental research and quantitative models.