Envestnet, Inc found using ticker (ENV) have now 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 82 and 56 with the average target price sitting at 69. Given that the stocks previous close was at 46.68 this indicates there is a potential upside of 47.8%. The 50 day moving average now sits at 49.66 and the 200 day MA is 62.87. The market capitalisation for the company is $2,653m. Company Website: https://www.envestnet.com
The potential market cap would be $3,921m 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 Envestnet Wealth Solutions segment offers 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. This segment 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. The company’s Envestnet Data & Analytics segment offers Envestnet Data & Analytics, a data aggregation, data intelligence, and experiences platform that enables consumers to aggregate financial accounts within client applications, as well as provides clients the functionality to gather, refine, and aggregate various sets of consumer permissioned data for use in financial applications, reports, market research analysis, and application programming interfaces. Envestnet was founded in 1999 and is headquartered in Berwyn, Pennsylvania.
