The Charles Schwab Corporation (SCHW) Receives Price Target

The Charles Schwab Corporation (SCHW) : 10 Wall Street analysts covering The Charles Schwab Corporation (SCHW) believe that the average level the stock could reach for the short term is $31. The maximum price target given is $34 and the minimum target for short term is around $28, hence the standard deviation is calculated at $2.11.

The Charles Schwab Corporation (SCHW) : The consensus on The Charles Schwab Corporation (SCHW) based on 13 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 6 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.


Also, In a research note released to the investors, Barclays maintains its rating on The Charles Schwab Corporation (NYSE:SCHW).The analysts at the brokerage house have a current rating of Overweight on the shares. In a recent information released to the investors, Barclays raises the new price target from $29 per share to $34 per share. The rating by the firm was issued on August 9, 2016.

The Charles Schwab Corporation (NYSE:SCHW): The stock opened at $31.64 on Thursday but the bulls could not build on the opening and the stock topped out at $31.85 for the day. The stock traded down to $30.63 during the day, due to lack of any buying support eventually closed down at $30.98 with a loss of -1.53% for the day. The stock had closed at $31.46 on the previous day. The total traded volume was 8,278,303 shares.

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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