Brokerage Firm Rating on E*TRADE Financial Corporation (ETFC)

E*TRADE Financial Corporation (ETFC) : 7 brokerage houses believe that E*TRADE Financial Corporation (ETFC) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on E*TRADE Financial Corporation (ETFC). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 12 Wall Street Analysts endorse the stock as a Buy with a rating of 1.67.

E*TRADE Financial Corporation (ETFC) : The consensus price target for E*TRADE Financial Corporation (ETFC) is $28.8 for the short term with a standard deviation of $1.23. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $31, however, the pessimist price target for the company is $27.


For the current week, the company shares have a recommendation consensus of Buy. E*TRADE Financial Corporation (NASDAQ:ETFC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.56 and $25.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $25.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.53, notching a gain of 0.35% for the day. The total traded volume was 1,094,516 . The stock had closed at $25.44 on the previous day.

In a related news,The officer (Principal Accounting Officer) of E Trade Financial Corp, Simonich Brent sold 3,994 shares at $26.22 on April 26, 2016. The Insider selling transaction had a total value worth of $104,723. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

E*Trade Financial Corporation is a financial services company and an online brokerage industry. The Company offers solutions for individual investors and stock plan participants. The Company offers its customers to take control of its financial futures by providing the products, tools, services and advice they need to meet their near and long term investing goals. The Company provides these services to customers both online and through their network of customer service representatives and Financial Consultants – over the phone and in person at 30 Company branches across the United States. The Company operates a bank with the primary purpose of maximizing the value of deposits generated though its brokerage business.

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