Evaluating Federated Hermes: Insights From 4 Financial Analysts
Portfolio Pulse from Benzinga Insights
Four financial analysts have provided their ratings on Federated Hermes (NYSE:FHI), with a mix of indifferent and somewhat bullish views. The average 12-month price target is $37.0, with a high of $44.00 and a low of $32.00, marking a 5.13% decrease in the average target. Analysts from JP Morgan and UBS have raised their price targets, while TD Cowen has set a target of $32.00. Federated Hermes has a diverse asset management portfolio and has shown a revenue growth of 5.64% as of September 30, 2023. However, it faces challenges with a net margin below industry standards and a lower growth rate compared to peers. The company's strong ROE and ROA, along with a conservative debt-to-equity ratio, indicate financial health.
January 18, 2024 | 8:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Federated Hermes has received mixed ratings from analysts, with an average 12-month price target of $37.0, down 5.13%. The company's financials show a positive revenue growth but a net margin below industry standards. Strong ROE and ROA, along with a low debt-to-equity ratio, suggest a healthy financial state.
The mixed analyst ratings and the decrease in the average price target may create uncertainty among investors, potentially leading to a neutral short-term impact on the stock price. The positive financial indicators such as revenue growth, ROE, and ROA, along with a conservative debt approach, could counterbalance the negative sentiment from the lowered price target, maintaining investor confidence in the company's financial health.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100