Stock To Watch: Legg Mason, Inc. (NYSE:LM)


The leading market experts have placed a mean price target of $39.00 on Legg Mason, Inc. (NYSE:LM) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.62 a share for the upcoming quarter and $2.33 for the current fiscal. Technical View The technical analysis of Legg Mason, Inc. Common Stock plainly substantiates that the 50-day moving average of Legg Mason, Inc. Common Stock is $31.94, and stock is hovering -2.64 or -8.26% distant from $31.94. It is noted that the 200-day MA is $32.52, and Legg Mason, Inc. Common Stock stock is $-3.22 or -9.90% off from this point. Legg Mason, Inc. (NYSE:LM) 52-week high is $52.57 and the 52-week low is $24.93. This explains if the stock moves $-23.27, it will post a 52-week high. In event of $+17.53% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Legg Mason, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Legg Mason, Inc. (NYSE:LM) ratio came in at N/A. The stock last ended the trading session at $29.30 and registered a market cap of $3.09B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Legg Mason, Inc. (NYSE:LM) PEG ratio is at 0.80.

1 Chart Pattern Every Investor Should Know

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