Topeka Capital Analysts Begin Coverage on Charles Schwab (SCHW)

By admin | 6 years ago

Research analysts at Topeka Capital assumed coverage on shares of Charles Schwab (NASDAQ: SCHW) in a report released on Tuesday. The firm set a “hold” rating on the stock.

Shares of Charles Schwab traded down 2.00% during mid-day trading on Tuesday, hitting $12.475. Charles Schwab has a 52 week low of $10.56 and a 52 week high of $18.01. The company has a market cap of $15.881 billion and a P/E ratio of 19.58.

Charles Schwab last announced its earnings results on Monday, April 16th. The company reported $0.15 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.15. The company’s quarterly revenue was down 1.5% on a year-over-year basis. On average, analysts predict that Charles Schwab will post $0.19 earnings per share next quarter.

SCHW has been the subject of a number of other recent research reports. Analysts at BGB Securities initiated coverage on shares of Charles Schwab in a research note to investors on Thursday, May 3rd. They set a “sell” rating on the stock. Separately, analysts at Stifel Nicolaus downgraded shares of Charles Schwab from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, April 24th. Finally, analysts at Goldman Sachs (NYSE: GS) raised their price target on shares of Charles Schwab to $16.50 in a research note to investors on Friday, April 20th.

The Charles Schwab Corporation (CSC) is a savings and loan holding company. The Company engages, through its subsidiaries, in securities brokerage, banking, and related financial services.

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