Separately, JPMorgan Chase & Co. lowered their target price on shares of Federated Hermes from $38.00 to $26.00 and set a “neutral” rating for the company in a research note on Monday.
NYSE:FHI opened at $18.51 on Friday. Federated Hermes has a 52 week low of $14.76 and a 52 week high of $38.26. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.60 and a current ratio of 2.00. The firm has a market capitalization of $1.84 billion, a PE ratio of 6.88, a PEG ratio of 0.60 and a beta of 0.89.
Federated Investors, Inc engages in the provision of investment management products and related financial services. It sponsors, markets and provides investment-related services to sponsored investment companies, Federated Funds, and Separate Accounts which include separately managed accounts (SMAs), institutional accounts, sub-advised funds and other managed products in both domestic and international markets.
Featured Story: Bollinger Bands
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Federated Hermes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federated Hermes and related companies with MarketBeat.com's FREE daily email newsletter.