Deutsche Bank analyst Brian Bedell maintained a Hold rating on E*Trade Financial (ETFC) today and set a price target of $36.00. The company’s shares closed last Monday at $40.88.
According to TipRanks.com, Bedell is a 4-star analyst with an average return of 2.6% and a 48.4% success rate. Bedell covers the Financial sector, focusing on stocks such as Marketaxess Holdings, Affiliated Managers, and Franklin Resources.
Currently, the analyst consensus on E*Trade Financial is a Moderate Buy with an average price target of $43.06, implying a 6.7% upside from current levels. In a report issued on October 18, Wells Fargo also maintained a Hold rating on the stock with a $40.00 price target.
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E*Trade Financial’s market cap is currently $9.71B and has a P/E ratio of 9.79. The company has a Price to Book ratio of 1.56.
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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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