Zacks: Focus Financial Partners Inc (FOCS) Given Average Recommendation of “Hold” by Brokerages
Focus Financial Partners Inc (NASDAQ:FOCS) has been assigned an average broker rating score of 2.67 (Hold) from the three brokers that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company.
Analysts have set a 12 month consensus target price of $42.50 for the company and are predicting that the company will post $0.37 earnings per share for the current quarter, according to Zacks. Zacks has also given Focus Financial Partners an industry rank of 197 out of 255 based on the ratings given to its competitors.
A number of brokerages recently weighed in on FOCS. William Blair began coverage on shares of Focus Financial Partners in a report on Monday, August 20th. They issued a “market perform” rating for the company. BMO Capital Markets reissued a “buy” rating and issued a $49.00 price target on shares of Focus Financial Partners in a report on Friday. Bank of America initiated coverage on shares of Focus Financial Partners in a report on Monday, August 20th. They issued a “neutral” rating and a $42.00 price target for the company. Finally, Goldman Sachs Group initiated coverage on shares of Focus Financial Partners in a research note on Monday, August 20th. They issued a “neutral” rating and a $42.00 price objective on the stock.
Shares of Focus Financial Partners stock traded down $0.18 during midday trading on Wednesday, reaching $39.34. The company had a trading volume of 55,087 shares, compared to its average volume of 335,076. Focus Financial Partners has a 1-year low of $35.01 and a 1-year high of $42.99.
About Focus Financial Partners
There is no company description available for Focus Financial Partners Inc
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