E*TRADE Financial Corp (ETFC) Given Average Rating of “Buy” by Brokerages

▤ Summary

E*TRADE Financial Corp (NASDAQ:ETFC) has earned a consensus recommendation of “Buy” from the fifteen analysts that are currently covering the firm, MarketBeat reports. Morgan Stanley set a $62.00 target price on E*TRADE Financial and gave the company a “buy” rating in a research note on Tuesday, January 29th. Finally, Credit Suisse Group reissued a “buy” rating on shares of E*TRADE Financial in a research note on Friday, January 25th. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.93 by $0.16. Equities research analysts anticipate that E*TRADE Financial will post 4.29 earnings per share for the current fiscal year.

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