The Charles Schwab Corporation (SCHW) : 12 analysts are covering The Charles Schwab Corporation (SCHW) and their average rating on the stock is 1.92, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. The Charles Schwab Corporation (SCHW) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
The Charles Schwab Corporation (SCHW) : Average target price received by The Charles Schwab Corporation (SCHW) is $31.78 with an expected standard deviation of $2.91. The most aggressive target on the stock is $36, whereas the most downbeat target is $27. 9 financial analysts are currently covering the stock.
The Charles Schwab Corporation (NYSE:SCHW): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.12 and $23.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.67, notching a gain of 1.36% for the day. The total traded volume was 12,349,538 . The stock had closed at $24.34 on the previous day.
Also, In a research note released to the investors, Deutsche Bank maintains its rating on The Charles Schwab Corporation (NYSE:SCHW).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 $35 per share to $33 per share. The rating by the firm was issued on June 16, 2016. The company shares have dropped -22.80% from its 1 Year high price. On Aug 6, 2015, the shares registered one year high at $35.72 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $28.40 and the 200 Day Moving Average price is recorded at $27.72.
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.