Raymond James analyst Patrick O'Shaughnessy maintained a Buy rating on Focus Financial Partners (NASDAQ:FOCS) Inc on Tuesday, setting a price target of $42, which is approximately 25.26% above the present share price of $33.53.
O'Shaughnessy expects Focus Financial Partners Inc to post earnings per share (EPS) of $0.05 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Focus Financial Partners, with an average price target of $43.83.
The analysts price targets range from a high of $50 to a low of $39.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $313.11 million and a net profit of $13.94 million. The company's market cap is $2.33 billion.
According to TipRanks.com, Raymond James analyst Patrick O'Shaughnessy is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.4% and a 70.82% success rate.
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.