Tag: BEN

  • Asset Management Stocks: The Bank of New York Mellon Corporation (NYSE:BK), Invesco (NYSE:IVZ), State Street (NYSE:STT), Franklin Resources (NYSE:BEN)

    Bank of New York Mellon Corp. (NYSE:BK)‘s stock had its “neutral” rating reaffirmed by Zacks in a report issued on Wednesday, AmericanBankingNews.com reports. The Bank of New York Mellon Corporation (NYSE:BK) shares after opening at $35.65 moved to $35.85 on last trade day and at the end of the day closed at $35.25. Company price to sales ratio in past twelve months was calculated as 12.02 and price to cash ratio as 0.23. The Bank of New York Mellon Corporation (NYSE:BK) showed a positive weekly performance of 6.40%.

    Invesco Ltd. (NYSE:IVZ) announced that Invesco Asia Pacific Growth Fund and Invesco European Small Company Fund have received prestigious 2014 Lipper Fund Awards. Invesco Ltd. (NYSE:IVZ) shares fell -0.28% in last trading session and ended the day on $36.15. IVZ return on equity ratio is recorded as 14.00% and its return on assets is 6.20%. Invesco Ltd. (NYSE:IVZ) yearly performance is 31.36%.

    State Street (NYSE:STT)‘s stock had its “neutral” rating reaffirmed byZacks in a report issued on Friday, American Banking News reports. They currently have a $67.50 price target on the stock. Zacks‘s price objective would indicate a potential upside of 2.58% from the company’s current price. State Street Corporation (NYSE:STT) shares moved up 1.19% in last trading session and was closed at $68.81 while trading in range of $68.50 – $69.99 – year to date (YTD) performance is -6.24%.

    Research analysts at Credit Suisse dropped their price target on shares of Franklin Resources (NYSE:BEN) from $62.00 to $58.00 in a report released on Wednesday, Stock Ratings Network.com reports. Franklin Resources, Inc. (NYSE:BEN) weekly performance is 2.39%. On last trading day company shares ended up $52.34. Franklin Resources, Inc. (NYSE:BEN) distance from 50-day simple moving average (SMA50) is -2.48%. Analysts mean target price for the company is $61.03.