Barclays Maintains a Hold Rating on Virtus Investment Partners (VRTS)

By Austin Angelo

Barclays analyst Jeremy Campbell maintained a Hold rating on Virtus Investment Partners (VRTSResearch Report) yesterday and set a price target of $105.00. The company’s shares closed last Monday at $93.23.

According to TipRanks.com, Campbell is a 3-star analyst with an average return of 1.7% and a 53.2% success rate. Campbell covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Victory Capital Holdings Inc, and Intercontinental Exchange.

Currently, the analyst consensus on Virtus Investment Partners is a Hold with an average price target of $105.50, representing an 8.6% upside. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $106.00 price target.

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Virtus Investment Partners’ market cap is currently $647.5M and has a P/E ratio of 11.19. The company has a Price to Book ratio of 1.20.

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Virtus Investment Partners, Inc. is an asset management company which provides investment management and related services to individuals and institutions. It offers financial solutions and products such as mutual funds, managed accounts, institutional, closed-end funds, Virtus variable insurance trust funds, and other portfolio.