Charles Schwab Corp PT Raised to $29.00 (SCHW)
Equities research analysts at Keefe, Bruyette & Woods increased their price objective on shares of Charles Schwab Corp (NYSE:SCHW) from $26.00 to $29.00 in a research note issued to investors on Friday, Analyst Ratings News reports. Keefe, Bruyette & Woods’ price target indicates a potential upside of 8.33% from the company’s current price.
Shares of 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 has a 50-day moving average of $25.40 and a 200-day moving average of $23.07. The company has a market cap of $34.512 billion and a price-to-earnings ratio of 38.29.
SCHW has been the subject of a number of other recent research reports. Analysts at Credit Agricole downgraded shares of Charles Schwab Corp to an “underperform” rating in a research note to investors on Tuesday. Separately, 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. Finally, analysts at Citigroup Inc. downgraded shares of Charles Schwab Corp from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. Charles Schwab Corp presently has an average rating of “Hold” and a consensus price target of $23.89.
The Charles Schwab Corporation (NYSE:SCHW) is a savings and loan holding company.
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