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E*TRADE Financial Corp (NASDAQ:ETFC) target price raised to $41.00, issued a report today by Zacks Investment Research

E*TRADE Financial Corp (NASDAQ:ETFC) had its target price raised to $41.00 by Zacks Investment Research in a report released Wednesday June 21, 2017. The new target price indicates a possible upside of 0.11% based on the company's last closing price.

Yesterday E*TRADE Financial Corp (NASDAQ:ETFC) traded 0.83% higher at $36.91. The company’s 50-day moving average is $40.61 and its 200-day moving average is $37.14. The last closing price is down 10.55% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 3,594,233 shares of the stock were exchanged, up from an average trading volume of 2,291,180

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E*TRADE Financial Corp (NASDAQ:ETFC)

E*TRADE Financial Corp has a 52 week low of $27.34 and a 52 week high of $42.19 with a P/E ratio of 19.19 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 13 brokers have issued a report on the stock. The consensus target price is $28.81 with 3 brokers rating the stock a strong buy, 9 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About E*TRADE Financial Corp (NASDAQ:ETFC)

E*Trade Financial Corporation is a financial services company. The Company provides online brokerage and related products and services primarily to individual retail investors under the brand E*TRADE Financial. The Company also provides investor-focused banking products, primarily sweep deposits, to retail investors. It provides its services to customers through its digital platforms and network of industry-licensed customer service representatives and Financial Consultants, over the phone and by e-mail. The Company's brokerage business is organized into three product areas: Trading, Investing, and Corporate Services. The Company's Trading products deliver automated trade order placement and execution services. The Company's Investing products help investors build wealth and address their long-term investing needs. The Company's Corporate Services channel provides stock plan administration services for both public and private companies.

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