Jefferies (NYSE:JEF) analyst Daniel Fannon maintained a Hold rating on AllianceBernstein (NYSE:AB) on Thursday, setting a price target of $46, which is approximately 7.50% below the present share price of $49.73.
Fannon expects AllianceBernstein to post earnings per share (EPS) of $0.91 for the third quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Hold rating of shares in AllianceBernstein, with an average price target of $47.38.
The analysts price targets range from a high of $54.5 to a low of $43.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $97.41 million and a net profit of $0. The company's market cap is $4.96 billion.
According to TipRanks.com, Jefferies analyst Daniel Fannon is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.0% and a 74.66% success rate.
AllianceBernstein Holding LP engages in the provision of research, diversified investment management and related services. It offers investment trusts, mutual funds, hedge funds and other investment vehicles. The company was founded in October 2000 and is headquartered in New York, NY.