TD Securities Boosts John Hancock Financial Opprts Fund (NYSE:BTO) Price Target to $7.50
John Hancock Financial Opprts Fund (NYSE:BTO) had its price target upped by TD Securities from $7.00 to $7.50 in a research report released on Thursday, Stock Target Advisor reports. TD Securities currently has a buy rating on the financial services provider’s stock.
Separately, National Bank Financial dropped their price objective on John Hancock Financial Opprts Fund from $8.00 to $7.50 in a research note on Monday, October 21st.
NYSE:BTO traded down $0.08 during trading hours on Thursday, hitting $34.96. 39,300 shares of the company’s stock traded hands, compared to its average volume of 56,795. John Hancock Financial Opprts Fund has a 52 week low of $25.81 and a 52 week high of $38.20. The business’s fifty day simple moving average is $32.55 and its two-hundred day simple moving average is $32.12.
About John Hancock Financial Opprts Fund
John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector.
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