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E*TRADE Financial (NASDAQ:ETFC) target price raised to $33.00, issued a report today by CLSA

Yesterday E*TRADE Financial (NASDAQ:ETFC) traded 1.30% higher at $28.86. The company’s 50-day moving average is $26.19 and its 200-day moving average is $25.35. The last stock close price is up 13.87% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 651,199 shares of the stock were exchanged, down from an average trading volume of 3,030,780

E*TRADE Financial (NASDAQ:ETFC) had its target price raised to $33.00 by CLSA in a report released 9/22/2016. The new target price indicates a possible upside of 0.14% based on the company's last stock close price.

Previously on 9/21/2016, Credit Suisse Group AG reported about E*TRADE Financial (NASDAQ:ETFC) raised the target price from $0.00 to $33.00. At the time, this indicated a possible upside of 0.17%.

See Chart Below

E*TRADE Financial (NASDAQ:ETFC)

E*TRADE Financial has a 52 week low of $19.61 and a 52 week high of $30.98 with a P/E ratio of 37.84 E*TRADE Financial’s market capitalization is presently $0.

A total of 13 brokerages have issued a ratings update on E*TRADE Financial. Three equity analysts rating the company a strong buy, nine equity analysts rating the company a buy, two equity analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $28.81.

More About E*TRADE Financial (NASDAQ:ETFC)

E*Trade Financial Corporation is a financial services company. The Company provides 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. The Company operates in two segments: trading and investing, and balance sheet management. Its trading and investing segment offers a suite of financial products and services to individual retail investors. Its balance sheet management segment focuses on asset allocation and managing credit, liquidity and interest rate risks. Its hybrid service delivery model is delivered through various digital platforms: E*TRADE.com, E*TRADE Mobile and E*TRADE Pro. E*TRADE.com is its site that provides customers with tools, guidance, actionable ideas, research and education to take control of their finances. E*TRADE Mobile offers trading applications for various smartphones and tablets.

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