AllianceBernstein Holding L.P. with ticker code (AB) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 43 and 32 with a mean TP of 37.8. Given that the stocks previous close was at 40.03 this now indicates there is a potential downside of -5.6%. The 50 day moving average now sits at 37.8 and the 200 moving average now moves to 39.71. The market capitalisation for the company is $3,954m. Company Website: https://www.alliancebernstein.com
The potential market cap would be $3,734m 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.
