Bank of America Securities analyst Craig Siegenthaler maintained a Sell rating on Charles Schwab (SCHW – Research Report) today. The company’s shares opened today at $72.00.
Siegenthaler covers the Financial sector, focusing on stocks such as Interactive Brokers, LPL Financial, and Nasdaq. According to TipRanks, Siegenthaler has an average return of 13.0% and a 65.04% success rate on recommended stocks.
Currently, the analyst consensus on Charles Schwab is a Moderate Buy with an average price target of $75.31.
SCHW market cap is currently $132B and has a P/E ratio of 28.50.
Based on the recent corporate insider activity of 80 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, Stephen Ellis, a Director at SCHW bought 2,165.00 shares for a total of $59,429.25.
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:
- SFSNX, SWISX: 2 Charles Schwab Funds with Over 10% Upside Potential, According to Analysts
- Best Buy upgraded, Nike downgraded: Wall Street’s top analyst calls
- Charles Schwab upgraded to Outperform at TD Cowen amid ‘more conducive’ backdrop
- Charles Schwab upgraded to Outperform from Market Perform at TD Cowen
- Charles Schwab sees Q1 revenue growth of approximately 5% to 6%
