Morgan Stanley disclosed Charles Schwab (NYSE:SCHW), hiking its price target to $37.00 earlier today
- Updated: September 25, 2016
Stating as potential upside of 0.21%, Morgan Stanley raised the target price of Charles Schwab (NYSE:SCHW) to $37.00
Having a price of $30.67, Charles Schwab (NYSE:SCHW) traded -1.82% lower on the day. With the last close up 7.00% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Charles Schwab has recorded a 50-day average of $30.56 and a two hundred day average of $28.66. Volume of trade was down over the average, with 5,727,548 shares of SCHW changing hands under the typical 9,539,040
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Charles Schwab has a price-earnings ratio of 26.44 with a one year low of $21.51 and a one year high of $34.52 SCHW’s market capitalization is presently $0.
A total of 16 analysts have released a report on Charles Schwab. Two analysts rating the company a strong buy, ten analysts rating the company a buy, seven analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $31.41.
General Company Details For Charles Schwab (NYSE:SCHW)
The Charles Schwab Corporation 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, exchange-traded funds, advice solutions, banking and trust. Its subsidiaries include Charles Schwab & Co., Inc. (Schwab), Charles Schwab Bank (Schwab Bank) and Charles Schwab Investment Management, Inc. (CSIM).
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