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Equities research analysts at Keefe, Bruyette & Woods lowered their price objective on shares of Eaton Vance Corp. (NYSE:EV) from $43.00 to $38.00 in a research note issued to investors on Tuesday, ARN reports. Keefe, Bruyette & Woods’ price target suggests a potential upside of 3.04% from the stock’s previous close.

Shares of Eaton Vance Corp. (NYSE:EV) opened at 36.88 on Tuesday. Eaton Vance Corp. has a 52 week low of $35.59 and a 52 week high of $44.58. The stock’s 50-day moving average is $39.56 and its 200-day moving average is $40.38. The company has a market cap of $4.342 billion and a P/E ratio of 24.35.

Eaton Vance Corp. (NYSE:EV) last posted its quarterly earnings results on Tuesday, November 26th. The company reported $0.55 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.59 by $0.04. The company had revenue of $356.90 million for the quarter, compared to the consensus estimate of $364.24 million. During the same quarter in the prior year, the company posted $0.53 earnings per share. The company’s quarterly revenue was up 15.2% on a year-over-year basis. On average, analysts predict that Eaton Vance Corp. will post $2.44 earnings per share for the current fiscal year.

EV has been the subject of a number of other recent research reports. Analysts at Jefferies Group cut their price target on shares of Eaton Vance Corp. from $42.00 to $39.00 in a research note on Tuesday. Separately, analysts at Goldman Sachs downgraded shares of Eaton Vance Corp. from a “neutral” rating to a “sell” rating in a research note on Monday, February 3rd. They now have a $33.00 price target on the stock, down previously from $45.00. Finally, analysts at RBC Capital raised their price target on shares of Eaton Vance Corp. from $49.00 to $52.00 in a research note on Wednesday, January 22nd. They now have an “outperform” rating on the stock. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. Eaton Vance Corp. presently has an average rating of “Hold” and an average target price of $39.89.

Eaton Vance Corp. is engaged in managing investment funds and providing investment management and counseling services to high-net-worth individuals and institutions.

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