Charles Schwab Corp Price Target Increased to $28.00 by Analysts at UBS AG (SCHW)
Research analysts at UBS AG hoisted their price target on shares of Charles Schwab Corp (NYSE:SCHW) from $23.00 to $28.00 in a report released on Friday, Stock Ratings Network reports. The firm currently has a “neutral” rating on the stock. UBS AG’s price target indicates a potential upside of 4.59% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Charles Schwab Corp from $26.00 to $29.00 in a research note to investors on Friday. Separately, analysts at Credit Agricole downgraded shares of Charles Schwab Corp to an “underperform” rating in a research note to investors on Tuesday. Finally, analysts at Nomura initiated coverage on shares of Charles Schwab Corp in a research note to investors on Thursday, January 9th. They set a “neutral” rating and a $23.00 price target on the stock. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $23.89.
Charles Schwab Corp (NYSE:SCHW) traded down 0.11% during mid-day trading on Friday, hitting $26.77. 7,120,000 shares of the company’s stock traded hands. Charles Schwab Corp has a 52-week low of $15.37 and a 52-week high of $26.90. The stock’s 50-day moving average is $25.40 and its 200-day moving average is $23.07. The company has a market cap of $34.512 billion and a P/E ratio of 38.29.
The Charles Schwab Corporation (NYSE:SCHW) is a savings and loan holding company.
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