Market Overview

Citigroup Reiterates Buy Rating, $9.50 PT on WisdomTree Investments

Related WETF
22 Stocks Moving In Tuesday's Pre-Market Session
The Market In 5 Minutes

In a report published Wednesday, Citigroup reiterated its Buy rating and $9.50 price target on WisdomTree Investments (NASDAQ: WETF).

Citigroup noted, “On 12/21, WETF's Japan Hedged Equity ETF (DXJ) became the seventh ETF to grow to over $1B in AUM for WETF. DXJ grew rapidly from ~$400M in AUM at 12/31/11 due to $600M+ net inflows YTD, or a ~160% organic growth rate, and produced ~$317M net inflows 12/14 through 12/21 as flows have steadily built momentum. We believe the success may beget more success with building scale and improved liquidity while we are encouraged at the variety of ETFs now eclipsing $1B in AUM – suggesting diversification that may limit sustained attrition, to some degree.”

WisdomTree Investments closed on Monday at $6.03.

Latest Ratings for WETF

May 2017CitigroupUpgradesNeutralBuy
Feb 2017CitigroupUpgradesSellNeutral
Nov 2016UBSInitiates Coverage OnSell

View More Analyst Ratings for WETF
View the Latest Analyst Ratings

Posted-In: CitigroupAnalyst Color Reiteration Analyst Ratings


Related Articles (WETF)

View Comments and Join the Discussion!