In a report released yesterday, Kyle Voigt from KBW assigned a Hold rating to Charles Schwab (SCHW – Research Report), with a price target of $76.00. The company’s shares closed yesterday at $77.07.
According to TipRanks, Voigt is a 4-star analyst with an average return of 5.0% and a 66.67% success rate. Voigt covers the Financial sector, focusing on stocks such as Charles Schwab, Nasdaq, and Interactive Brokers.
Charles Schwab has an analyst consensus of Moderate Buy, with a price target consensus of $80.93.
SCHW market cap is currently $136.6B and has a P/E ratio of 31.27.
Based on the recent corporate insider activity of 104 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SCHW in relation to earlier this year. Last month, Peter B. Crawford, the CFO of SCHW bought 5,481.00 shares for a total of $155,879.64.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Charles Schwab (SCHW) Company Description:
Founded in 1986, The Charles Schwab Corp. is a savings and loan holding company, which provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. It primarily operates through two segments, Investor Services and Advisor Services. The company is based in San Francisco, California.
Read More on SCHW:
- Charles Schwab price target raised to $92 from $87 at TD Cowen
- Charles Schwab price target raised to $85 from $78 at Piper Sandler
- Charles Schwab price target raised to $70 from $68 at BofA
- Charles Schwab price target raised to $75 from $74 at Barclays
- Charles Schwab price target raised to $89 from $86 at JPMorgan
