AllianceBernstein Holding L.P. – Consensus Indicates Potential -10.6% Downside

Broker Ratings
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AllianceBernstein Holding L.P. found using ticker (AB) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 43 and 30 with the average target price sitting at 36.6. Now with the previous closing price of 40.93 this would indicate that there is a downside of -10.6%. The day 50 moving average is 37.11 while the 200 day moving average is 41.61. The company has a market capitalisation of $4,127m. Company Website: https://www.alliancebernstein.com

The potential market cap would be $3,691m based on the market concensus.

AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house research to make its investments. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York.

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