12-07-2025
Wells Fargo Reaffirms Their Buy Rating on Charles Schwab (SCHW)
Wells Fargo analyst Michael Brown maintained a Buy rating on Charles Schwab today and set a price target of $102.00. The company's shares opened today at $92.53.
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
According to TipRanks, Brown is a 5-star analyst with an average return of 14.1% and a 69.54% success rate. Brown covers the Financial sector, focusing on stocks such as BlackRock, Franklin Resources, and Invesco.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Charles Schwab with a $95.53 average price target, which is a 3.24% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $106.00 price target.
SCHW market cap is currently $167.7B and has a P/E ratio of 28.28.
Based on the recent corporate insider activity of 130 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SCHW in relation to earlier this year. Last month, Jonathan S Beatty, the MD, Head of Advisor Services of SCHW sold 2,850.00 shares for a total of $249,546.00.
