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Equities research analysts at Credit Suisse hoisted their price objective on shares of Broadridge Financial Solutions (NYSE:BR) from $39.00 to $40.00 in a research note issued to investors on Wednesday, Stock Ratings Network reports. The firm currently has a “neutral” rating on the stock. Credit Suisse’s price objective would indicate a potential upside of 0.55% from the stock’s previous close.

BR has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of Broadridge Financial Solutions from $39.00 to $41.00 in a research note on Tuesday. They now have a “neutral” rating on the stock. Analysts at Zacks downgraded shares of Broadridge Financial Solutions from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 8th. They now have a $43.10 price target on the stock. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Broadridge Financial Solutions has an average rating of “Hold” and an average price target of $40.62.

Shares of Broadridge Financial Solutions (NYSE:BR) traded down 1.56% during mid-day trading on Wednesday, hitting $39.16. The stock had a trading volume of 568,458 shares. Broadridge Financial Solutions has a 52 week low of $25.65 and a 52 week high of $40.36. The stock has a 50-day moving average of $37.36 and a 200-day moving average of $37.50. The company has a market cap of $4.695 billion and a price-to-earnings ratio of 19.22.

Broadridge Financial Solutions (NYSE:BR) last posted its quarterly earnings results on Friday, May 9th. The company reported $0.44 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.40 by $0.04. The company had revenue of $606.00 million for the quarter, compared to the consensus estimate of $593.31 million. During the same quarter in the prior year, the company posted $0.37 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. Analysts expect that Broadridge Financial Solutions will post $2.24 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, July 1st. Investors of record on Monday, June 16th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date of this dividend is Thursday, June 12th.

Broadridge Financial Solutions, Inc (NYSE:BR) is a global provider of investor communications and technology-driven solutions to banks/broker-dealers, mutual funds and corporate issuers.

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