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Analysts Have Conflicting Sentiments on These Financial Companies: Riot Platforms (RIOT), State Street (STT) and Arthur J Gallagher & Co (AJG)

Tipranks - Sat Aug 1, 4:38AM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on Riot Platforms (RIOT), State Street (STT) and Arthur J Gallagher & Co (AJG).

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Riot Platforms (RIOT)

Bernstein analyst Gautam Chhugani maintained a Buy rating on Riot Platforms yesterday and set a price target of $30.00. The company’s shares closed last Thursday at $22.12.

According to TipRanks.com, Chhugani is a 5-star analyst with an average return of 20.4% and a 40.1% success rate. Chhugani covers the Financial sector, focusing on stocks such as SharpLink Gaming, Coinbase Global, and MARA Holdings. ;'>

Currently, the analyst consensus on Riot Platforms is a Strong Buy with an average price target of $31.46, implying a 57.1% upside from current levels. In a report issued on July 24, Morgan Stanley also initiated coverage with a Buy rating on the stock with a $36.00 price target.

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State Street (STT)

In a report released today, Jason Goldberg from Barclays maintained a Hold rating on State Street, with a price target of $200.00. The company’s shares closed last Thursday at $182.82.

According to TipRanks.com, Goldberg is a 5-star analyst with an average return of 15.5% and a 70.7% success rate. Goldberg covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, First Citizens BancShares, and Bank of New York Mellon. ;'>

State Street has an analyst consensus of Moderate Buy, with a price target consensus of $198.43, which is an 11.4% upside from current levels. In a report issued on July 16, TipRanks – OpenAI also downgraded the stock to Hold with a $204.00 price target.

Arthur J Gallagher & Co (AJG)

In a report released today, Alex Scott from Barclays maintained a Buy rating on Arthur J Gallagher & Co, with a price target of $292.00. The company’s shares closed last Thursday at $256.46.

According to TipRanks.com, Scott is a 5-star analyst with an average return of 7.2% and a 60.9% success rate. Scott covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., Hamilton Insurance Group, Ltd. Class B, and Jackson Financial Incorporation. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arthur J Gallagher & Co with a $274.65 average price target, representing a 1.7% upside. In a report issued on July 27, Piper Sandler also maintained a Buy rating on the stock with a $276.00 price target.

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