Short Term Price Target on The Charles Schwab Corporation (SCHW)

The Charles Schwab Corporation (NYSE:SCHW) : Average target price received by The Charles Schwab Corporation (NYSE:SCHW) is $31.78 with an expected standard deviation of $2.91. The most aggressive target on the stock is $36, whereas the most downbeat target is $27. 9 financial analysts are currently covering the stock.

The Charles Schwab Corporation has lost 14.75% in the last five trading days and dropped 17.85% in the last 4 weeks. The Charles Schwab Corporation has dropped 10.59% during the last 3-month period . Year-to-Date the stock performance stands at -22.75%. Also, Equity Analysts at the Deutsche Bank maintains the rating on The Charles Schwab Corporation (NYSE:SCHW). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency lowers the price target from $35 per share to $33 per share. The rating by the firm was issued on June 16, 2016.

The Charles Schwab Corporation (NYSE:SCHW) : Zacks Investment Research ranks The Charles Schwab Corporation (NYSE:SCHW) as 4, which is a Sell recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 1.92, which indicates as a Buy.

The Charles Schwab Corporation (NYSE:SCHW): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.36 and $24.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $25.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.31, notching a gain of 0.04% for the day. The total traded volume was 18,897,620 . The stock had closed at $25.30 on the previous day.

In an insider trading activity, Adams John K Jr, director of Schwab Charles Corp, had purchased 4,900 shares on May 31, 2016. The total value of the transaction was $149,989. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

The Charles Schwab Corporation (CSC) is a savings and loan holding company. Through its subsidiaries, the Company engages in wealth management, securities brokerage, banking, money management and financial advisory services. The Company provides financial services to individuals and institutional clients through two segments: Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services to individual investors, retirement plan services and corporate brokerage services. The Advisor Services segment provides custodial, trading, and support services to independent investment advisors (IAs) and retirement business services to independent retirement plan advisors and record keepers. The Company offers a range of products to address individuals varying investment and financial needs. Its product offerings include brokerage, mutual funds, exchange-traded funds (ETFs), advice solutions, banking and trust.

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