The Charles Schwab Corporation (NYSE:SCHW) : 9 investment research analysts covering The Charles Schwab Corporation (NYSE:SCHW) have an average price target of $32 for the near short term. The highest target price given by the Brokerage Firm to the stock is $36 and the lowest target is $28 for the short term. Analysts expect the variance to be within $2.35 of the average price.
Other Equity analysts have also commented on the company shares. Brokerage firm Deutsche Bank maintains its rating on The Charles Schwab Corporation (NYSE:SCHW). As per the latest information, the brokerage house lowers the price target to $33 per share from a prior target of $35. The shares have been rated Buy. The rating by the firm was issued on June 16, 2016.
The Charles Schwab Corporation (NYSE:SCHW): stock turned positive on Thursday. Though the stock opened at $28.86, the bulls momentum made the stock top out at $29.7 level for the day. The stock recorded a low of $28.71 and closed the trading day at $29.69, in the green by 4.76%. The total traded volume for the day was 12,661,722. The stock had closed at $28.34 in the previous days trading.
The company shares have dropped -14.77% from its 1 Year high price. On Aug 6, 2015, the shares registered one year high at $35.72 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $28.85 and the 200 Day Moving Average price is recorded at $28.23. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Schwab Charles Corp, Adams John K Jr, had purchased 4,900 shares in a transaction dated on May 31, 2016. The transaction was executed at $30.61 per share with total amount equaling $149,989.
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.