The Charles Schwab Corporation (SCHW) Receives ‘Analyst’ Rating

The Charles Schwab Corporation (SCHW) has an average broker rating of 2, which is interpreted as a Buy, as rated by 13 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

The Charles Schwab Corporation (SCHW) : Currently there are 10 street experts covering The Charles Schwab Corporation (SCHW) stock. The most bullish and bearish price target for the stock is $34 and $28 respectively for the short term. The average price target of all the analysts comes to $31.3. The estimated standard deviation from the target is $2.21.


Also, Equity analysts at the Brokerage firm Deutsche Bank maintains its rating on The Charles Schwab Corporation (NYSE:SCHW). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Deutsche Bank raises the price target from $33 per share to $34 per share. The rating by the firm was issued on September 9, 2016.

The Charles Schwab Corporation (NYSE:SCHW): After opening at $30.27, the stock dipped to an intraday low of $30.17 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $31.03 and the buying power remained strong till the end. The stock closed at $30.93 for the day, a gain of 2.38% for the day session. The total traded volume was 9,462,115. The stocks close on the previous trading day was $30.21.

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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