Pzena Investment Management (PZN) Announces Quarterly Results
Pzena Investment Management (NYSE:PZN) posted its quarterly earnings results on Wednesday. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.12 by $0.03, Analyst Ratings Network.com reports.
A number of analysts have recently weighed in on PZN shares. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Pzena Investment Management in a research note on Tuesday, January 14th. They now have a $12.00 price target on the stock, up previously from $11.00.
Shares of Pzena Investment Management (NYSE:PZN) opened at 10.62 on Wednesday. Pzena Investment Management has a 52 week low of $5.43 and a 52 week high of $11.95. The stock has a 50-day moving average of $11.08 and a 200-day moving average of $8.43. The company has a market cap of $129.0 million and a P/E ratio of 26.94.
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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