SEI Investments Company (SEIC) : Zacks Investment Research ranks SEI Investments Company (SEIC) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 1.6, which indicates as a Buy.
SEI Investments Company (SEIC) : 4 investment research analysts covering SEI Investments Company (SEIC) have an average price target of $53.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $60 and the lowest target is $45 for the short term. Analysts expect the variance to be within $6.35 of the average price.
SEI Investments Company (NASDAQ:SEIC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $47.67 and $47.28 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $48.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $47.98, notching a gain of 0.36% for the day. The total traded volume was 479,646 . The stock had closed at $47.81 on the previous day.
Also, In a research note released to the investors, Keefe Bruyette & Woods upgrades its rating on SEI Investments Company (NASDAQ:SEIC).The analysts at the brokerage house have a current rating of Market Perform on the shares. Earlier, the shares were rated a Underperform by the brokerage firm. In a recent information released to the investors, Keefe Bruyette & Woods raises the new price target from $38 per share to $45 per share. The rating by the firm was issued on April 6, 2016. The company shares have dropped -1.32% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $55.48 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $49.40 and the 200 Day Moving Average price is recorded at $45.16.
SEI Investments Company is a provider of investment processing, investment management and investment operations solutions. The Company enables corporations, financial institutions, financial advisors and ultra-high-net-worth families create and manage wealth by providing investment and investment-business solutions. The Company operates in five segments: Private Banks, Investment Advisors, Institutional Investors, Investment Managers and Investments in New Businesses. The Companys investment management business solutions include investment processing outsourcing solutions for providers of institutional and private-client wealth management services, including banks, trust companies, independent wealth advisers and other financial services firms; investment management solutions for institutional investors, and individual investors and investment operations outsourcing solutions for investment management firms, banks and investment companies.