AllianceBernstein (AB) Expected to Announce Earnings on Tuesday

Posted by Defense World Staff on Jan 28th, 2025

AllianceBernstein (NYSE:AB – Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.87 per share and revenue of $895,690.00 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

AllianceBernstein Price Performance

Shares of AllianceBernstein stock opened at $39.85 on Tuesday. The firm has a market cap of $4.59 billion, a price-to-earnings ratio of 11.42, a P/E/G ratio of 0.81 and a beta of 1.20. The stock has a 50-day simple moving average of $36.78 and a 200-day simple moving average of $35.72. AllianceBernstein has a 52-week low of $30.57 and a 52-week high of $40.86.

Analyst Upgrades and Downgrades

Several research firms have commented on AB. Evercore ISI boosted their target price on shares of AllianceBernstein from $43.00 to $45.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. The Goldman Sachs Group increased their target price on shares of AllianceBernstein from $40.75 to $41.00 and gave the stock a “buy” rating in a research report on Thursday, October 3rd. Finally, Barclays decreased their price target on AllianceBernstein from $39.00 to $36.00 and set an “equal weight” rating for the company in a research note on Monday, December 9th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, AllianceBernstein has a consensus rating of “Moderate Buy” and an average target price of $42.40.

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AllianceBernstein Company Profile

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AllianceBernstein Holding L.P. is a publicly owned investment manager. The firm is a related adviser The firm manages separate client focused portfolios for its clients. The firm primarily invests in common and preferred stocks, warrants and convertible securities, government and corporate fxed-income securities, commodities, currencies, real estate-related assets and infation-protected securities.