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Jefferies Sticks to Its Buy Rating for Focus Financial Partners (FOCS)

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Jefferies analyst Gerald O’Hara maintained a Buy rating on Focus Financial Partners (FOCSResearch Report) today and set a price target of $75.00. The company’s shares closed last Wednesday at $54.20.

According to TipRanks.com, O’Hara is a 5-star analyst with an average return of 34.7% and a 83.9% success rate. O’Hara covers the Financial sector, focusing on stocks such as AssetMark Financial Holdings, Raymond James Financial, and Blackstone Group.

Currently, the analyst consensus on Focus Financial Partners is a Strong Buy with an average price target of $78.00, representing a 43.9% upside. In a report issued on February 13, RBC Capital also maintained a Buy rating on the stock with a $75.00 price target.

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The company has a one-year high of $69.13 and a one-year low of $40.93. Currently, Focus Financial Partners has an average volume of 392.5K.

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Focus Financial Partners, Inc. is a holding company, which engages in the provision of wealth management services. It also offers practices, resources, and continuity planning for its partner firms who serve individuals, families, employers, and institutions with comprehensive wealth management services. The company was founded by Leonard R. Chang, Ruediger Adolf and Rajini Sundar Kodialam on July 29, 2015 and is headquartered in New York, NY.

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