This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Financial Companies: Charles Schwab (SCHW), United Community Banks (UCB) and Arthur J Gallagher & Co (AJG)

Tipranks - Tue Jun 16, 7:44AM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on Charles Schwab (SCHW), United Community Banks (UCB) and Arthur J Gallagher & Co (AJG).

Claim 55% Off TipRanks

Charles Schwab (SCHW)

Truist Financial analyst Brian Foran maintained a Buy rating on Charles Schwab today. The company’s shares closed last Friday at $91.10.

According to TipRanks.com, Foran is a 4-star analyst with an average return of 12.0% and a 83.9% success rate. Foran covers the Financial sector, focusing on stocks such as Old National Bancorp Capital, First Financial Bancorp, and Capital One Financial. ;'>

Currently, the analyst consensus on Charles Schwab is a Strong Buy with an average price target of $118.21, a 32.0% upside from current levels. In a report issued on June 12, William Blair also maintained a Buy rating on the stock.

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

United Community Banks (UCB)

D.A. Davidson analyst Gary Tenner maintained a Buy rating on United Community Banks on June 12 and set a price target of $40.00. The company’s shares closed last Friday at $34.63, close to its 52-week high of $35.38.

According to TipRanks.com, Tenner is a top 100 analyst with an average return of 18.0% and a 80.9% success rate. Tenner covers the Financial sector, focusing on stocks such as West Coast Community Bancorp, Pinnacle Financial Partners, and Private Bancorp of America. ;'>

United Community Banks has an analyst consensus of Strong Buy, with a price target consensus of $39.00, representing a 13.0% upside. In a report issued on June 13, TipRanks – Anthropic also upgraded the stock to Buy with a $38.00 price target.

Arthur J Gallagher & Co (AJG)

Truist Financial analyst Mark Hughes maintained a Hold rating on Arthur J Gallagher & Co today. The company’s shares closed last Friday at $218.69.

According to TipRanks.com, Hughes is a 5-star analyst with an average return of 14.7% and a 67.7% success rate. Hughes covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., Heritage Insurance Holdings, and Fidelity National Financial. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arthur J Gallagher & Co with a $264.69 average price target, a 19.9% upside from current levels. In a report issued on June 11, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $228.00 price target.

Read More on SCHW:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.