Charles Schwab looks expensive, Barron's says Charles Schwab looks expensive at 28 times earnings estimates when compared to other brokerages and especially against banks with large asset management businesses, Barron's contends in its The Trader column. Reference Link
News For SCHW From The Last 14 Days
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Charles Schwab DARTs momentum continued in July, says UBS UBS noted that Charles Schwab's (SCHW) daily average revenue trades, or DARTS, increased 3% sequentially in July, adding that if the acceleration can continue deeper into the quarter that the firm sees upside potential relative to estimates. However, UBS also pointed out that Schwab's 3% sequential pickup is below what peers TD Ameritrade (AMTD) and E-Trade (ETFC) reported in recent days. UBS maintain its Buy rating and $32 price target on shares of Charles Schwab.