Deutsche Bank Remains a Hold on E*Trade Financial (ETFC)


Deutsche Bank analyst Brian Bedell maintained a Hold rating on E*Trade Financial (ETFC) today and set a price target of $43. The company’s shares closed last Monday at $41.27, close to its 52-week low of $40.02.

According to TipRanks.com, Bedell is a 4-star analyst with an average return of 2.5% and a 47.6% success rate. Bedell covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, WisdomTree Investments, and Marketaxess Holdings.

Currently, the analyst consensus on E*Trade Financial is a Strong Buy with an average price target of $53.89, a 30.8% upside from current levels. In a report issued on August 15, UBS also maintained a Hold rating on the stock with a $45 price target.

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The company has a one-year high of $60.07 and a one-year low of $40.02. Currently, E*Trade Financial has an average volume of 2.56M.

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E*TRADE Financial Corp. engages in the provision of investment and online stock brokerage services. It offers digital platforms and support to individual investors through phone, email, and online via two national financial centers as well as in personal though financial centers.

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