Broadridge Financial Solutions, Inc. (NYSE:BR) has coverage initiated with a Buy rating

ME Staff
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Analyst Ratings For Broadridge Financial Solutions, Inc. (NYSE:BR)

Today, SunTrust Banks initiated coverage on Broadridge Financial Solutions, Inc. (NYSE:BR) with a Buy.

There are 5 Hold Ratings, 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Broadridge Financial Solutions, Inc. (NYSE:BR) is Hold with a consensus target price of $107.3333 per share, a potential 19.36% downside.

Some recent analyst ratings include

  • 8/29/2018-Broadridge Financial Solutions, Inc. (NYSE:BR) has coverage initiated with a Buy rating
  • 8/7/2018-Broadridge Financial Solutions, Inc. (NYSE:BR) had its Hold rating reiterated by Sandler O’Neill with a $130.00 price target
  • 7/17/2018-Broadridge Financial Solutions, Inc. (NYSE:BR) has coverage initiated with a Market Perform rating
  • 12/4/2017-Broadridge Financial Solutions, Inc. (NYSE:BR) had its Hold rating reiterated by Raymond James
  • 9/13/2016-Broadridge Financial Solutions, Inc. (NYSE:BR) has coverage initiated with a Overweight rating and $82.00 price target

Recent Insider Trading Activity For Broadridge Financial Solutions, Inc. (NYSE:BR)
Broadridge Financial Solutions, Inc. (NYSE:BR) has insider ownership of 2.60% and institutional ownership of 85.02%.

  • On 8/10/2018 James M Young, VP, sold 44,726 with an average share price of $129.79 per share and the total transaction amounting to $5,804,987.54.
  • On 6/6/2018 Julie R Taylor, VP, sold 7,366 with an average share price of $118.36 per share and the total transaction amounting to $871,839.76.
  • On 6/6/2018 Robert Schifellite, SVP, sold 43,686 with an average share price of $118.70 per share and the total transaction amounting to $5,185,528.20.
  • On 6/5/2018 Adam D Amsterdam, Insider, sold 10,000 with an average share price of $117.97 per share and the total transaction amounting to $1,179,700.00.
  • On 6/1/2018 Richard J Haviland, Director, sold 15,430 with an average share price of $116.51 per share and the total transaction amounting to $1,797,749.30.
  • On 5/25/2018 Christopher John Perry, SVP, sold 10,000 with an average share price of $116.91 per share and the total transaction amounting to $1,169,100.00.
  • On 5/25/2018 Thomas P Carey, VP, sold 16,000 with an average share price of $116.18 per share and the total transaction amounting to $1,858,880.00.

About Broadridge Financial Solutions, Inc. (NYSE:BR)
Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry worldwide. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and offers ProxyEdge, an electronic proxy delivery and voting solution. It also provides registered proxy, registrar, stock transfer, and record-keeping services to corporations; and distributes regulatory reports and corporate action/reorganization event information, and tax reporting solutions. In addition, this segment offers customer communication solutions, including processing and distributing its clients' transactional, regulatory, and marketing communications through print and digital channels. Further, it provides cloud-based marketing and customer communication tools, as well as customer and account data aggregation and reporting services; and creates sales and educational content, including seminars and a library of financial planning topics, as well as customizable advisor Websites, search engine marketing, and electronic and print newsletters. Additionally, this segment offers mutual fund and retirement, and mutual fund trade processing services. Its Global Technology and Operations segment offers computerized real-time transaction processing services that include desktop productivity tools, data aggregation, performance reporting, portfolio management, order capture and execution, trade confirmation, settlement, reference data, reconciliations, and accounting; multi-currency solutions to support real-time global trading; and managed services solutions, which comprise securities clearing, record-keeping, and custody-related functions. The company was founded in 1962 and is headquartered in Lake Success, New York.

Recent Trading Activity for Broadridge Financial Solutions, Inc. (NYSE:BR)
Shares of Broadridge Financial Solutions, Inc. closed the previous trading session at 133,11 −0,76 0,57 % with 132.63 shares trading hands.