Sanford C. Bernstein upgraded shares of Charles Schwab (NASDAQ: SCHW) from a market perform rating to an outperform rating in a research report sent to investors on Monday morning. The firm currently has $23.00 price target on the stock.
Shares of Charles Schwab opened at 16.98 on Monday. Charles Schwab has a one year low of $11.64 and a one year high of $17.41. The stock’s 50-day moving average is currently $16.38. The company has a market cap of $21.700 billion and a P/E ratio of 24.61.
Other equities research analysts have also recently issued reports about the stock. Analysts at TheStreet upgraded shares of Charles Schwab from a hold rating to a buy rating in a research note to investors on Wednesday, February 27th. Separately, analysts at Bank of America initiated coverage on shares of Charles Schwab in a research note to investors on Thursday, February 14th. They set a neutral rating on the stock. Finally, analysts at ISI Group reiterated a buy rating on shares of Charles Schwab in a research note to investors on Tuesday, February 12th. They now have a $19.00 price target on the stock.
Five analysts have rated the stock with a buy rating, three have given an overweight rating, fourteen have given a hold rating, and three have issued a sell rating to the stock. The company currently has a consensus rating of hold and a consensus target price of $16.58.
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