Medley Management Receives a Hold from Credit Suisse

By Jason Carr

Credit Suisse analyst Craig Siegenthaler reiterated a Hold rating on Medley Management (NYSE: MDLY) on November 3 and set a price target of $8. The company’s shares closed last Friday at $8.75, close to its 52-week high of $9.40.

According to TipRanks.com, Siegenthaler is a 1-star analyst with an average return of -1.4% and a 47.7% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Huntington Bancshares Inc., Virtus Investment Partners, and Oaktree Capital Group Llc.

Medley Management has an analyst consensus of Hold, with a price target consensus of $9.

The company has a one year high of $9.40 and a one year low of $3.43. Currently, Medley Management has an average volume of 45.73K.

Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is negative on the stock.

Medley Management, Inc. operates as an investment company. It focuses on yield-oriented investment products for institutional and retail investors. The company was founded on June 13, 2014 and is headquartered in New York, NY.