Pzena Investment Management Price Target Raised to $9.00 at JPMorgan Chase & Co. (PZN)
Stock analysts at JPMorgan Chase & Co. hoisted their target price on shares of Pzena Investment Management (NYSE:PZN) from $8.00 to $9.00 in a report issued on Tuesday, American Banking & Market News reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price would indicate a potential upside of 28.94% from the stock’s previous close.
Shares of Pzena Investment Management (NYSE:PZN) traded up 1.75% on Tuesday, hitting $6.98. 90,768 shares of the company’s stock traded hands. Pzena Investment Management has a one year low of $4.51 and a one year high of $7.49. The stock’s 50-day moving average is $6.67 and its 200-day moving average is $6.59. The company has a market cap of $85.2 million and a price-to-earnings ratio of 19.66.
Separately, analysts at Jefferies Group cut their price target on shares of Pzena Investment Management from $8.00 to $7.50 in a research note to investors on Thursday, July 11th.
Pzena Investment Management, Inc is an investment management company. The Company is the sole managing member of Pzena Investment Management, LLC, which is its operating company.
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