KBW analyst Kyle Voigt maintained a Buy rating on Focus Financial Partners (FOCS – Research Report) today and set a price target of $52.00. The company’s shares opened today at $42.24.
Voigt covers the Financial sector, focusing on stocks such as Raymond James Financial, Cboe Global Markets, and Intercontinental Exchange. According to TipRanks, Voigt has an average return of 11.6% and a 70.31% success rate on recommended stocks.
Currently, the analyst consensus on Focus Financial Partners is a Moderate Buy with an average price target of $47.00.
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FOCS market cap is currently $3.26B and has a P/E ratio of 27.76.
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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.
Read More on FOCS:
- FPCM to join Focus partner firm GYL Financial Synergies
- Oxford Financial Partners enters agreement to join Focus partner firm Buckingham
- Focus Financial enters agreement with Cooper Lapman
- Convergent enters agreement to join Focus partner firm Buckingham
- Focus Financial price target raised to $45 from $40 at Truist
