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Charles Schwab Corp (NASDAQ:SCHW) hit a new 52-week high on Monday , AnalystRatingsNetwork.com reports. The stock traded as high as $29.15 and last traded at $28.98, with a volume of 2,491,327 shares. The stock had previously closed at $28.57.

A number of analysts have recently weighed in on SCHW shares. Analysts at Deutsche Bank initiated coverage on shares of Charles Schwab Corp in a research note on Thursday, August 14th. They set a “buy” rating and a $34.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Charles Schwab Corp in a research note on Monday, July 28th. They now have a $29.00 price target on the stock, up previously from $27.00. Finally, analysts at Sandler O’Neill raised their price target on shares of Charles Schwab Corp from $1.00 to $31.00 in a research note on Monday, July 28th. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $30.00.

The stock has a 50-day moving average of $27.6 and a 200-day moving average of $26.6. The company has a market cap of $37.823 billion and a price-to-earnings ratio of 31.09.

Charles Schwab Corp (NASDAQ:SCHW) last issued its quarterly earnings data on Wednesday, July 16th. The company reported $0.23 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.23. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 10.5% on a year-over-year basis. Analysts expect that Charles Schwab Corp will post $0.96 EPS for the current fiscal year.

In other Charles Schwab Corp news, EVP Jay L. Allen sold 6,470 shares of the company’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $28.39, for a total transaction of $183,683.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

The Charles Schwab Corporation (NASDAQ:SCHW) is a savings and loan holding company.

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