The Charles Schwab Corporation (SCHW) : The consensus on The Charles Schwab Corporation (SCHW) based on 14 analyst recommendation on the company stock is 1.93, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
The Charles Schwab Corporation (SCHW) : The highest level The Charles Schwab Corporation (SCHW) is projected to reach is $34 for the short term and the lowest estimate is at $28. The consolidated price target from 11 rating analysts who initiate coverage on the stock is $31.09 and the possibility the share price can swing is $2.12.
For the current week, the company shares have a recommendation consensus of 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 $29.71 and $29.58 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.92, notching a gain of 1.22% for the day. The total traded volume was 5,727,900 . The stock had closed at $29.56 on the previous day.
In a related news,The officer (EVP – Investor Services) of Schwab Charles Corp, Kallsen Terri R sold 6,894 shares at $28.01 on July 22, 2016. The Insider selling transaction had a total value worth of $193,101. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.