AllianceBernstein Holding L.P. with ticker code (AB) now have 5 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 43.5 and 35 calculating the mean target price we have $39.10. Given that the stocks previous close was at $35.03 this now indicates there is a potential upside of 11.6%. The day 50 moving average is $37.22 while the 200 day moving average is $38.86. The market capitalization for the company is $4,150m. Company Website: https://www.alliancebernstein.com
The potential market cap would be $4,633m based on the market consensus.
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.
The company has a dividend yield of 8.09% with the ex dividend date set at 17-2-2023 (DMY).
Other points of data to note are a P/E ratio of 13.56, revenue per share of 3 and a 10.33% return on assets.
