Federated Hermes Inc Class B
FHI: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$66.00 | Nzg | Cqkvmxmlm |
Federated Hermes Earnings: Timing and Magnitude of Rate Cuts Will Influence Near-Term Results
There was little in no-moat-rated Federated Hermes' second-quarter results that would alter our long-term view of the firm. We are leaving our $36 per share fair value estimate in place, and we view the company's shares as being slightly undervalued right now.