Wells Fargo Remains a Hold on Legg Mason (LM)

In a report released today, Christopher Harris from Wells Fargo maintained a Hold rating on Legg Mason (LMResearch Report). The company’s shares closed last Monday at $34.38.

According to TipRanks.com, Harris is a 4-star analyst with an average return of 8.9% and a 65.6% success rate. Harris covers the Financial sector, focusing on stocks such as BrightSphere Investment Group plc, Intercontinental Exchange, and Cboe Global Markets Inc.

The word on The Street in general, suggests a Hold analyst consensus rating for Legg Mason with a $40.25 average price target, which is a 14.9% upside from current levels. In a report issued on October 8, Barclays also maintained a Hold rating on the stock with a $38.00 price target.

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The company has a one-year high of $40.27 and a one-year low of $23.25. Currently, Legg Mason has an average volume of 622.4K.

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Legg Mason, Inc. provides securities brokerage, trading and investment services. The firm’s segment includes Global Asset Management. The segment: Global Asset Management provides investment advisory services to institutional and individual clients and to company-sponsored investment funds.