Lookout for Price Target? Murphy Oil Corp. (MUR), E*TRADE Financial Corp. (ETFC)

Paterniano Del Favero
Marzo 16, 2017

There are 6 hold ratings, 10 buy ratings on the stock. JMP Securities upped their price objective on E*TRADE Financial Corp from $40.00 to $42.00 and gave the company an "outperform" rating in a report on Friday, January 27th. On Monday, August 3 the stock rating was maintained by RBC Capital Markets with "Outperform". Zacks Investment Research lowered shares of E*TRADE Financial Corp from a "buy" rating to a "hold" rating in a research note on Thursday, December 15th.

E*TRADE Financial Corp opened for trading at $35.18 and hit $35.28 on the upside on Friday, eventually ending the session at $35.15, with a gain of 0.92% or 0.32 points.

SunTrust Banks, Inc. reaffirmed their buy rating on shares of E*TRADE Financial Corp (NASDAQ:ETFC) in a research note released on Tuesday. The company presently has an average rating of "Buy" and an average price target of $34.74. Finally, Keefe, Bruyette & Woods initiated coverage on E*TRADE Financial Corp in a report on Thursday, December 8th. 330.38 million shares or 1.86% less from 336.63 million shares in 2016Q3 were reported. Investors who are keeping close eye on the stock of Murphy Oil Corporation (NYSE:MUR) established that the company was able to keep return on investment at -2.94 in the trailing twelve month while Reuters data showed that industry's average stands at -4.35 and sector's optimum level is 7.59.

Net new brokerage assets were $1.8 billion in the month. During the same quarter in the previous year, the company posted $0.30 EPS.

The 13 analysts offering 12-month price forecasts for E*TRADE Financial Corp have a median target of 42.00, with a high estimate of 46.00 and a low estimate of 37.00.

Today, SunTrust Banks, Inc. reiterated its Buy rating on E*TRADE Financial Corp (NASDAQ:ETFC) with a price target of $40.00. The firm earned $509 million during the quarter, compared to analyst estimates of $501.95 million. Goldman Sachs Group Inc upgraded shares of E*TRADE Financial Corp from a "neutral" rating to a "buy" rating in a research note on Tuesday, January 10th. The company's revenue for the quarter was up 15.9% on a year-over-year basis. Cubist Systematic Strategies Ltd Co stated it has 0.1% of its portfolio in E*TRADE Financial Corp (NASDAQ:ETFC). If you are viewing this piece of content on another site, it was stolen and reposted in violation of USA & worldwide trademark and copyright laws. On Feb 9, 2017, Karl A Roessner (Chief Executive Officer) sold 16,476 shares at $34.72 per share price, according to the Form-4 filing with the securities and exchange commission. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

For the Current Quarter, the growth estimate for E*TRADE Financial Corporation is -11.6%, while for the Next Quarter the stock growth estimate is -4.2%. The insider owns 1,863,847 shares which have current market value of around $66595253.31.Mitchell H. Caplan is another major inside shareholder in the company.

Large investors have recently modified their holdings of the stock. Agf Invs Inc has invested 0.05% in E*TRADE Financial Corp (NASDAQ:ETFC). A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Commerzbank Aktiengesellschaft FI purchased a new position in E*TRADE Financial Corp during the fourth quarter worth about $206,000. Thrivent Financial for Lutherans increased its stake in shares of E*TRADE Financial Corp by 13.3% in the fourth quarter. Capstone Asset Mgmt stated it has 0.03% of its portfolio in E*TRADE Financial Corp (NASDAQ:ETFC). The Company provides brokerage and related products and services primarily to individual retail investors under the brand E*TRADE Financial.

Altre relazioni OverNewsmagazine

Discuti questo articolo