RBC Capital analyst Kenneth Lee maintained a Buy rating on Victory Capital Holdings (NASDAQ:VCTR) Inc on Wednesday, setting a price target of $27, which is approximately 13.49% above the present share price of $23.79.
Lee expects Victory Capital Holdings Inc to post earnings per share (EPS) of $0.82 for the first quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Victory Capital Holdings, with an average price target of $24.43.
The analysts price targets range from a high of $31 to a low of $18.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $188.66 million and a net profit of $85.03 million. The company's market cap is $1.67 billion.
According to TipRanks.com, RBC Capital analyst Kenneth Lee is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.9% and a 67.47% success rate.
Victory Capital Holdings, Inc. engages in the provision of investment management products and services to institutional and intermediary clients. The company sells and distributes its products through centralized distribution model, broker-dealers, retirement platforms, and registered investment advisor networks. Its model features an operating platform that provides centralized distribution, marketing, and operations infrastructure to its franchises and solutions platform. The company was founded on February 13, 2013 and is headquartered in Brooklyn, OH.