A Glimpse Into The Expert Outlook On Federated Hermes Through 7 Analysts
Portfolio Pulse from Benzinga Insights
Seven analysts have recently updated their ratings on Federated Hermes (NYSE:FHI), showing a mix of perspectives with an average 12-month price target of $37.14, up from $36.80. The updates include raised price targets and ratings, reflecting a cautiously optimistic outlook on the company's performance. Federated Hermes, with $757.6 billion in managed assets, shows a positive revenue trend and strong financial performance indicators such as ROE and ROA, despite a market capitalization below industry averages and a net margin below benchmarks.
March 08, 2024 | 8:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Federated Hermes receives mixed analyst ratings with a cautiously optimistic outlook, raising the average 12-month price target to $37.14. The company's strong financial performance and positive revenue trend are highlighted, despite challenges in market capitalization and net margin.
The updated analyst ratings and increased price target for Federated Hermes reflect a positive outlook on the company's financial health and performance. The mix of ratings indicates a cautious optimism, suggesting potential for stock price appreciation in the short term. The company's strong ROE and ROA, along with a positive revenue trend, support this outlook, despite some challenges in market capitalization and net margin.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100