WisdomTree Investments Receives a Hold from KBW

By Austin Angelo

In a report released yesterday, Robert Lee from KBW reiterated a Hold rating on WisdomTree Investments (NASDAQ: WETF), with a price target of $10. The company’s shares closed yesterday at $9.

According to TipRanks.com, Lee is a 5-star analyst with an average return of 8.5% and a 66.5% success rate. Lee covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Janus Henderson Group plc, and Affiliated Managers.

Currently, the analyst consensus on WisdomTree Investments is Moderate Buy and the average price target is $11.63, representing a 29.2% upside.

In a report issued on March 27, Northland Securities also reiterated a Hold rating on the stock with a $11 price target.

The company has a one-year high of $13.41 and a one-year low of $7.87. Currently, WisdomTree Investments has an average volume of 1.57M.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock.

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WisdomTree Investments, Inc. is an asset management company that focuses on Exchange Traded Products(ETPs). It distributes ETPs within the asset management industry, including brokerage firms, registered investment advisors, institutional investors, private wealth managers and discount brokers.