GARP Research Reaffirms Buy Rating on SEI Investments Company (SEIC)

By admin | 6 years ago

SEI Investments Company (NASDAQ: SEIC)‘s stock had its “buy” rating reiterated by equities research analysts at GARP Research in a research note issued to investors on Monday.

Separately, analysts at Stifel Nicolaus raised their price target on shares of SEI Investments Company to $23.00 in a research note to investors on Thursday, May 3rd.

Shares of SEI Investments Company traded up 1.73% during mid-day trading on Monday, hitting $17.69. SEI Investments Company has a one year low of $13.73 and a one year high of $23.12. The company has a market cap of $3.105 billion and a P/E ratio of 16.12.

SEI Investments Company last issued its quarterly earnings data on Wednesday, May 2nd. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.01. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. On average, analysts predict that SEI Investments Company will post $0.32 earnings per share next quarter.

SEI Investments Company (SEI) is a provider of investment processing, fund processing and investment management business outsourcing solutions, which help corporations, financial institutions, financial advisors, and families create and manage wealth.

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