Wall Street Analysts Believe SEI (SEIC) Could Rally 27.34%: Here's is How to Trade

Core Viewpoint - SEI Investments (SEIC) shares have increased by 4.9% recently, closing at $85.99, with analysts suggesting a potential upside of 27.3% based on a mean price target of $109.5 [1] Price Targets - The average price target for SEIC ranges from a low of $102.00 to a high of $117.00, with a standard deviation of $8.66, indicating a potential increase of 18.6% to 36.1% from the current price [2] - A low standard deviation suggests a strong agreement among analysts regarding the price targets, which can be a useful indicator for further research [8] Earnings Estimates - Analysts have shown increasing optimism about SEIC's earnings prospects, with a consensus indicating higher earnings estimates, which historically correlates with stock price movements [10] - The Zacks Consensus Estimate for the current year has risen by 1.2% over the past month, reflecting two upward revisions and one downward revision [11] - SEIC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, suggesting a strong potential for upside [12] Analyst Behavior - Analysts often set price targets that may be overly optimistic due to business incentives, which can lead to inflated estimates [7] - While price targets are a common metric, relying solely on them for investment decisions may not be prudent, as they can mislead investors [6][9]