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A report released today by SunTrust Banks about Charles Schwab (NYSE:SCHW) lowers the target price to $44.00

Only yesterday Charles Schwab (NYSE:SCHW) traded 1.04% higher at $38.81. SCHW’s 50-day average is $40.77 and its two hundred day average is $38.54. With the last stock price close up 0.37% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 8,465,828 shares of SCHW traded, up from an avg. volume of 8,075,690

In a statement issued on 4/20/2017 SunTrust Banks lowered the target price of Charles Schwab (NYSE:SCHW) from $45.00 to $44.00 stating a potential upside of 0.13%.

Previously on 4/19/2017, Deutsche Bank AG reported on Charles Schwab (NYSE:SCHW) lowered the target price from $46.00 to $45.00. At the time, this indicated a possible upside of 0.18%.

Recent Performance Chart

Charles Schwab (NYSE:SCHW)

Charles Schwab has a one year low of $23.83 and a one year high of $43.65 with a price-earnings ratio of 29.53 The company’s market cap is currently $0.

In addition to SunTrust Banks reporting its stock price target, a total of 16 brokerages have issued a ratings update on SCHW. The one year target is $31.41 with two analysts rating the company a strong buy, ten analysts rating the company a buy, 7 firms rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Charles Schwab (NYSE:SCHW)

The Charles Schwab Corporation (CSC) is a savings and loan holding company. The Company, through its subsidiaries, 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, retirement plan services and other corporate brokerage services. The Advisor Services segment provides custodial, trading, and support services as well as retirement business services. The Company offers a range of products to address individuals' varying investment and financial needs. Its product offerings include brokerage, mutual funds, ETFs, advice solutions, banking and trust. Brokerage provides a range of brokerage accounts with cash management capabilities. Mutual funds offer third-party mutual funds through the Mutual Fund Marketplace.

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