Waddell & Reed Financial (WDR) : Zacks Investment Research ranks Waddell & Reed Financial (WDR) as 3, which is a Hold recommendation. 1 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. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 2.88, which indicates as a Hold.
Waddell & Reed Financial (WDR) : The highest short term price target forecast on Waddell & Reed Financial (WDR) is $26 and the lowest target price is $17. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $20.8 with a standard deviation of $4.76.
Shares of Waddell & Reed Financial, Inc. rose by 0.53% in the last five trading days and 0.91% for the last 4 weeks. Waddell & Reed Financial, Inc. has dropped 6.19% during the last 3-month period . Year-to-Date the stock performance stands at -29.9%. Waddell & Reed Financial (NYSE:WDR): stock turned positive on Tuesday. Though the stock opened at $18.62, the bulls momentum made the stock top out at $18.98 level for the day. The stock recorded a low of $18.62 and closed the trading day at $18.82, in the green by 1.84%. The total traded volume for the day was 684,916. The stock had closed at $18.48 in the previous days trading.
Waddell & Reed Financial, Inc. is a mutual fund and asset management company. The Company provides investment management, investment advisory, investment product underwriting and distribution and shareholder services administration to Waddell & Reed Advisors group of mutual funds, Ivy Funds, Ivy Funds Variable Insurance Portfolios, InvestEd Portfolios, 529 college savings and Selector Management Fund SICAV and its Ivy Global Investors sub-funds and institutional and separately managed accounts. The Company operates its business through a distribution network. Its retail products are distributed through its Wholesale channel, which includes third parties, such as other broker/dealers, registered investment advisors and various retirement platforms or through its Advisors channel sales force of independent financial advisors. It also markets investment advisory services to institutional investors, either directly or through consultants, in its Institutional channel.