In a report released today, Michael Cyprys from Morgan Stanley maintained a Buy rating on Charles Schwab (SCHW), with a price target of $55. The company’s shares opened today at $41.53, close to its 52-week low of $37.83.
According to TipRanks.com, Cyprys is a 2-star analyst with an average return of -1.2% and a 44.3% success rate. Cyprys covers the Financial sector, focusing on stocks such as BrightSphere Investment Group plc, Apollo Global Management LLC, and Victory Capital Holdings Inc.
Currently, the analyst consensus on Charles Schwab is a Moderate Buy with an average price target of $51.14.
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Charles Schwab’s market cap is currently $55.04B and has a P/E ratio of 18.43. The company has a Price to Book ratio of 3.05.
Based on the recent corporate insider activity of 119 insiders, corporate insider sentiment is neutral on the stock.
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.
The Charles Schwab Corp. is a holding company, which engages in the provision of financial services. It operates through the Investor Services and Advisor Services segments. The Investor Services segment includes retail and corporate brokerage and retirement plan services.
