Legg Mason Developed EX-US Diversified Core ETF (NASDAQ:DDBI) was downgraded by equities research analysts at Credit Suisse Group AG from an “outperform” rating to a “market perform” rating in a research report issued on Wednesday. They currently have a $18.50 price target on the stock. Credit Suisse Group AG’s target price indicates a potential downside of 27.71% from the stock’s previous close.
Shares of Legg Mason Developed EX-US Diversified Core ETF (NASDAQ:DDBI) traded up 0.12% during trading on Wednesday, reaching $25.59. The company’s stock had a trading volume of 58,388 shares. The company has a 50-day moving average price of $23.38 and a 200-day moving average price of $23.42. Legg Mason Developed EX-US Diversified Core ETF has a one year low of $22.00 and a one year high of $25.63.
Several other analysts have also weighed in on the company. Mizuho lowered Legg Mason Developed EX-US Diversified Core ETF from a “neutral” rating to an “underperform” rating in a report on Monday, July 11th. Raymond James Financial Inc. restated an “outperform” rating on shares of Legg Mason Developed EX-US Diversified Core ETF in a report on Tuesday. Bank of America Corp. restated a “neutral” rating on shares of Legg Mason Developed EX-US Diversified Core ETF in a report on Tuesday, July 12th. Deutsche Bank AG restated a “hold” rating and set a $18.00 price target (up previously from $17.00) on shares of Legg Mason Developed EX-US Diversified Core ETF in a report on Monday, July 18th. Finally, Jefferies Group restated a “hold” rating on shares of Legg Mason Developed EX-US Diversified Core ETF in a report on Thursday, June 30th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. Legg Mason Developed EX-US Diversified Core ETF has an average rating of “Hold” and an average target price of $18.50.
