Charles Schwab (SCHW) Gets a Hold Rating from Barclays


Barclays analyst Jeremy Campbell maintained a Hold rating on Charles Schwab (SCHW) yesterday and set a price target of $33.00. The company’s shares closed last Monday at $34.17.

According to TipRanks.com, Campbell is a 2-star analyst with an average return of -1.8% and a 45.3% success rate. Campbell covers the Financial sector, focusing on stocks such as Virtus Investment Partners, Intercontinental Exchange, and Apollo Global Management.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Charles Schwab with a $40.50 average price target, representing a 30.1% upside. In a report issued on March 18, Deutsche Bank also maintained a Hold rating on the stock with a $32.00 price target.

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The company has a one-year high of $51.65 and a one-year low of $28.00. Currently, Charles Schwab has an average volume of 13.67M.

Based on the recent corporate insider activity of 92 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SCHW in relation to earlier this year.

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 savings and loan holding company, which engages in the provision of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. It operates through the Investor Services and Advisor Services segments. The Investor Services segment includes retail brokerage and banking services to individual investors, and retirement plan services, as well as other corporate brokerage services, to businesses and their employees. The Advisor Services segment provides custodial, trading, retirement business, and support services as well as retirement business services, to independent registered investment advisors, independent retirement advisors, and recordkeepers. The company was founded by Charles R. Schwab in 1986 and is headquartered in San Francisco, CA.

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