tiprankstipranks
Blurbs

Analysts Offer Insights on Financial Companies: Charles Schwab (SCHW) and Essex Property (ESS)

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Charles Schwab (SCHWResearch Report) and Essex Property (ESSResearch Report) with bullish sentiments.

Charles Schwab (SCHW)

J.P. Morgan analyst Ken Worthington maintained a Buy rating on Charles Schwab yesterday and set a price target of $97.00. The company’s shares closed last Wednesday at $65.80, close to its 52-week low of $61.53.

According to TipRanks.com, Worthington is a 3-star analyst with an average return of 1.1% and a 49.5% success rate. Worthington covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Bridge Investment Group, and Janus Henderson Group.

Currently, the analyst consensus on Charles Schwab is a Strong Buy with an average price target of $93.41, implying a 46.3% upside from current levels. In a report issued on May 19, Deutsche Bank also maintained a Buy rating on the stock with a $84.00 price target.

See today’s best-performing stocks on TipRanks >>

Essex Property (ESS)

In a report released yesterday, Anthony Paolone from J.P. Morgan maintained a Buy rating on Essex Property, with a price target of $335.00. The company’s shares closed last Wednesday at $282.56, close to its 52-week low of $275.33.

According to TipRanks.com, Paolone is a 4-star analyst with an average return of 7.7% and a 60.6% success rate. Paolone covers the Financial sector, focusing on stocks such as Apartment Income REIT, Broadstone Net Lease, and LXP Industrial Trust.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Essex Property with a $349.33 average price target, implying a 26.9% upside from current levels. In a report issued on May 17, Goldman Sachs also upgraded the stock to Buy with a $338.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on SCHW:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
---

Latest News Feed