Cannae Holdings Inc (NYSE:CNNE) has been given a consensus broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company.

Analysts have set a 12-month consensus target price of $18.75 for the company and are forecasting that the company will post ($0.07) earnings per share for the current quarter, according to Zacks. Zacks has also given Cannae an industry rank of 90 out of 265 based on the ratings given to its competitors.

A number of research analysts have recently weighed in on the company. Zacks Investment Research upgraded Cannae from a “sell” rating to a “hold” rating in a research report on Tuesday, January 30th. ValuEngine upgraded Cannae from a “buy” rating to a “strong-buy” rating in a research report on Monday, February 5th. Finally, TheStreet upgraded Cannae from a “c-” rating to a “b-” rating in a research report on Wednesday, December 13th.

Shares of Cannae (CNNE) traded up $0.32 during mid-day trading on Thursday, hitting $17.48. The stock had a trading volume of 159,762 shares, compared to its average volume of 184,225. Cannae has a twelve month low of $16.16 and a twelve month high of $18.90. The stock has a market capitalization of $1,194.06, a PE ratio of 10.59 and a beta of 0.76. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.17.

A number of institutional investors have recently bought and sold shares of the stock. Meeder Asset Management Inc. purchased a new stake in Cannae during the 4th quarter worth about $154,000. Virtu Financial LLC purchased a new stake in Cannae during the 4th quarter worth about $225,000. SG Americas Securities LLC purchased a new stake in Cannae during the 4th quarter worth about $242,000. Boston Partners purchased a new stake in Cannae during the 4th quarter worth about $250,000. Finally, Pinebridge Investments L.P. purchased a new stake in Cannae during the 4th quarter worth about $258,000. Hedge funds and other institutional investors own 69.91% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was first published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this news story on another website, it was stolen and reposted in violation of United States & international trademark & copyright law. The original version of this news story can be accessed at https://theolympiareport.com/2018/02/13/analysts-anticipate-cannae-holdings-inc-cnne-to-post-0-07-eps.html.

Cannae Company Profile

Cannae Holdings, Inc is a diversified holding company. The Company has investments in a variety of industries including Restaurants, Technology Enabled Healthcare Services, Financial Services and more. The Company holds majority and minority equity investment stakes in a number of entities, including Ceridian Holdings, LLC, American Blue Ribbon Holdings, and LLC and T-System Holding LLC.

Get a free copy of the Zacks research report on Cannae (CNNE)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Cannae Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cannae and related companies with MarketBeat.com's FREE daily email newsletter.