Envestnet, Inc with ticker code (ENV) have now 10 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 101 and 67 calculating the average target price we see 90.4. Now with the previous closing price of 71.23 this is indicating there is a potential upside of 26.9%. The day 50 moving average is 76.94 and the 200 moving average now moves to 77.06. The company has a market capitalisation of $3,880m. Find out more information at: https://www.envestnet.com
The potential market cap would be $4,925m based on the market concensus.
Envestnet, together with its subsidiaries, provides wealth management software and services in the United States and internationally. It operates through Envestnet Wealth Solutions and Envestnet Data & Analytics segments. The company’s product and services include Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, as well as offers data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; and Envestnet | MoneyGuide that provides goals-based financial planning solutions to the financial services industry. It also provides Envestnet | Retirement Solutions, which offer a suite of services for advisor-sold retirement plans; and Envestnet | Portfolio Management Consultants that provide research and consulting services to assist advisors in creating investment solutions for their clients, and portfolio overlay and tax optimization services, as well as data aggregation and data intelligence platform, which offers cloud-based innovation for digital financial services. The company primarily serves banks, wealth management and brokerage firms, internet services companies, and registered investment advisers. Envestnet was founded in 1999 and is headquartered in Chicago, Illinois.