Citi analyst Christopher Allen maintains $Charles Schwab (SCHW.US)$ with a hold rating, and adjusts the target price from $75 to $72.
According to TipRanks data, the analyst has a success rate of 80.6% and a total average return of 22.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Charles Schwab (SCHW.US)$'s main analysts recently are as follows:
The general sentiment regarding the brokerage sector is leaning towards a negative bias, influenced by lower anticipated rates for firms that are particularly sensitive to asset fluctuations and persistent concerns around the pricing of sweep deposits. Average earnings forecasts for brokers have been reduced by 6% for 2025 and 7% for 2026, with the exception of one company that experienced positive revisions. There appears to be a risk that consensus estimates could be too optimistic for most firms, with the most significant risk observed for Charles Schwab. Meanwhile, there is a favorable view on LPL Financial.
Following the Federal Reserve's significant rate cut and the resulting downward adjustment in forward rates, a revised sensitivity analysis was conducted across brokers and trust banks, leading to a decrease in earnings estimates for the group.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.