Envestnet, Inc with ticker code (ENV) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 85 and 65 calculating the average target price we see 73.43. Now with the previous closing price of 53.65 this would indicate that there is a potential upside of 36.9%. The 50 day moving average now sits at 54.81 and the 200 day MA is 67.95. The market cap for the company is $2,848m. You can visit the company’s website by visiting: https://www.envestnet.com
The potential market cap would be $3,898m 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. Envestnet was founded in 1999 and is headquartered in Chicago, Illinois.
