RBC Capital analyst Daniel Perlin maintained a Buy rating on Focus Financial Partners (FOCS – Research Report) on January 27 and set a price target of $50.00. The company’s shares closed yesterday at $43.95.
Perlin covers the Technology sector, focusing on stocks such as Block, Flywire, and Rackspace Technology. According to TipRanks, Perlin has an average return of 8.2% and a 54.11% success rate on recommended stocks.
Focus Financial Partners has an analyst consensus of Moderate Buy, with a price target consensus of $48.83, an 11.10% upside from current levels. In a report released on January 25, Truist Financial also maintained a Buy rating on the stock with a $50.00 price target.
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FOCS market cap is currently $3.44B and has a P/E ratio of 29.32.
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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:
- Newman Schimel enters agreement to join Focus partner firm Kovitz
- Focus Financial price target raised to $50 from $45 at Truist
- Focus Financial initiated with an Outperform at William Blair
- FPCM to join Focus partner firm GYL Financial Synergies
- Oxford Financial Partners enters agreement to join Focus partner firm Buckingham
