Brokerages Set Federated Enhanced Treasury Income Fund (NYSE:FTT) Target Price at $30.00

Shares of Federated Enhanced Treasury Income Fund (NYSE:FTT) have been assigned a consensus recommendation of “Hold” from the six analysts that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $30.00.

Separately, Stephens initiated coverage on shares of Federated Enhanced Treasury Income Fund in a research report on Thursday, August 15th. They set an “equal weight” rating and a $19.00 target price for the company.

Federated Enhanced Treasury Income Fund has a 1 year low of $12.81 and a 1 year high of $13.82.

Federated Enhanced Treasury Income Fund Company Profile

Federated Premier Intermediate Municipal Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from federal income tax, including the federal alternative minimum tax (AMT). The Fund’s portfolio of investments include various sectors namely transportation, special tax, hospital, education, public power, senior care, water and sewer, general obligation-local, industrial development bond/pollution control revenue and general obligation-state.

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Analyst Recommendations for Federated Enhanced Treasury Income Fund (NYSE:FTT)

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