Analyst Ratings for Federated Hermes: A Snapshot of Market Sentiment
In the ever-changing world of finance, analysts play a crucial role in providing insights and recommendations to investors. Their evaluations can significantly impact the market sentiment towards a particular stock or company. In this article, we will delve into the recent analyst ratings for Federated Hermes (FHI), a leading asset management firm, and explore the changing sentiments and price targets provided by these experts.
Over the past three months, four analysts have shared their insights on Federated Hermes, expressing a variety of opinions ranging from bullish to bearish. Let’s take a quick look at their recent ratings and how they have changed over the past 30 days compared to the preceding months.
The table below provides an overview of the recent ratings:
| | Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish |
|———————-|———|—————–|————-|——————|———|
| Total Ratings | 0 | 1 | 3 | 0 | 0 |
| Last 30 Days | 0 | 1 | 0 | 0 | 0 |
| 1 Month Ago | 0 | 0 | 3 | 0 | 0 |
| 2 Months Ago | 0 | 0 | 0 | 0 | 0 |
| 3 Months Ago | 0 | 0 | 0 | 0 | 0 |
Insights from analysts’ 12-month price targets reveal an average target of $37.0, with a high estimate of $44.00 and a low estimate of $32.00. It is worth noting that there has been a negative shift in sentiment as analysts have decreased the average price target by 5.13%.
To gain a deeper understanding of these analyst ratings, let’s explore the recent evaluations and adjustments made by key analysts:
1. Kenneth Worthington from JP Morgan raised the rating to “Overweight” and increased the price target to $44.00 from $43.00.
2. Adam Beatty from UBS also raised the rating to “Neutral” and increased the price target to $37.00 from $35.00. Additionally, Beatty announced a new price target of $35.00.
3. Bill Kirk from TD Cowen announced a new rating of “Market Perform” and set a price target of $32.00.
These actions taken by analysts reflect their reactions to recent developments related to Federated Hermes. The ratings provided range from “Overweight” to “Neutral” and “Market Perform,” indicating analysts’ expectations for the relative performance of the company compared to the broader market. The adjustments made to price targets indicate analysts’ changing expectations for the future value of Federated Hermes’ stock.
It is important to consider these analyst evaluations alongside crucial financial indicators for a comprehensive analysis of Federated Hermes’ market performance. Factors such as market capitalization, revenue growth, net margin, return on equity (ROE), return on assets (ROA), and debt management all contribute to understanding the company’s financial health and prospects.
Federated Hermes provides asset management services for institutional and individual investors, with a diverse portfolio of managed assets. The company’s cash-management operations are expected to generate a significant portion of its revenue, highlighting its expertise in this area. In terms of distribution channels, Federated Hermes serves trust banks, wealth managers, retail broker/dealers, institutional investors, and international clients.
In conclusion, analyst ratings provide valuable insights into the market sentiment towards Federated Hermes. By considering these ratings alongside financial indicators, investors can make informed decisions. Stay up to date on Federated Hermes analyst ratings to stay well-informed about the company’s performance and market expectations.
Disclaimer: This article was generated by Benzinga’s automated content engine and reviewed by an editor.
