E*TRADE Financial Corporation (NASDAQ:ETFC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.8 by 10 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. In a research note released to the investors, Deutsche Bank maintains its rating on E*TRADE Financial Corporation (NASDAQ:ETFC).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Deutsche Bank lowers the new price target from $31 per share to $29 per share. The rating by the firm was issued on June 16, 2016.
E*TRADE Financial Corporation (NASDAQ:ETFC): The mean estimate for the short term price target for E*TRADE Financial Corporation (NASDAQ:ETFC) stands at $29.67 according to 9 Analysts. The higher price target estimate for the stock has been calculated at $34 while the lower price target estimate is at $27.
E*TRADE Financial Corporation (NASDAQ:ETFC) witnessed a decline in the market cap on Tuesday as its shares dropped 0.63% or 0.16 points. After the session commenced at $25.34, the stock reached the higher end at $25.3787 while it hit a low of $24.975. With the volume soaring to 1,528,674 shares, the last trade was called at $25.07. The company has a 52-week high of $31.48. The company has a market cap of $6,988 million and there are 278,728,710 shares in outstanding. The 52-week low of the share price is $19.61.
Shares of E*TRADE Financial Corporation appreciated by 0.84% during the last five trading days but lost 6.07% on a 4-week basis. E*TRADE Financial Corporation has dropped 0.56% during the last 3-month period . Year-to-Date the stock performance stands at -15.42%.
E*Trade Financial Corporation is a financial services company and an online brokerage industry. The Company offers solutions for individual investors and stock plan participants. The Company offers its customers to take control of its financial futures by providing the products, tools, services and advice they need to meet their near and long term investing goals. The Company provides these services to customers both online and through their network of customer service representatives and Financial Consultants – over the phone and in person at 30 Company branches across the United States. The Company operates a bank with the primary purpose of maximizing the value of deposits generated though its brokerage business.