Morgan Stanley Remains a Hold on WisdomTree (WT)

Morgan Stanley analyst Michael Cyprys maintained a Hold rating on WisdomTree (WTResearch Report) today and set a price target of $5.75. The company’s shares opened today at $5.80.

Cyprys covers the Financial sector, focusing on stocks such as T Rowe Price, Nasdaq, and Blackrock. According to TipRanks, Cyprys has an average return of 5.7% and a 55.56% success rate on recommended stocks.

Currently, the analyst consensus on WisdomTree is a Moderate Sell with an average price target of $5.13.

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WT market cap is currently $852.7M and has a P/E ratio of 12.00.

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WisdomTree Investments, Inc. operates as an asset management company that focuses on Exchange Traded Products (ETPs). It distributes ETPs within the asset management industry, including brokerage firms, registered investment advisors, institutional investors, private wealth managers and discount brokers. The company was founded by Jonathan L. Steinberg on October 1, 1988 and is headquartered in New York, NY.

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