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E*TRADE (NASDAQ:ETFC) stock price target increased to $34.00, issued a report today by SunTrust

Only yesterday E*TRADE (NASDAQ:ETFC) traded -2.25% lower at $33.89. E*TRADE’s 50-day average is $30.23 and its two hundred day average is $27.06. With the last stock price up 25.22% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same time. 0 shares of the stock were exchanged, down from an average trading volume of 3,604,020

E*TRADE (NASDAQ:ETFC) had its price target upped to $34.00 by SunTrust in an issued report issued 11/29/2016. The bumped up target suggests doubtful upside the company's most recent close.

Previously on 02/22/2016, Credit Suisse reported about E*TRADE (NASDAQ:ETFC) reduced the target price from $31.00 to $30.00. At the time, this indicated a possible upside of 0.32%.

See Chart Below

E*TRADE (NASDAQ:ETFC)

E*TRADE has a 52 week low of $19.61 and a 52 week high of $34.67 with a P/E ratio of 18.70 The company’s market cap is currently $0.

In addition to SunTrust reporting its target price, a total of 13 firms have reported on the stock. The consensus target price is $28.81 with 3 firms rating the stock a strong buy, 9 firms rating the stock a buy, 2 firms rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On E*TRADE (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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