State Street Corporation with ticker code (STT) have now 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $87.00 and $68.00 and has a mean target at $75.11. Now with the previous closing price of $69.74 and the analysts are correct then we can expect a percentage increase in value of 7.7%. It’s also worth noting that there is a 50 day moving average of $66.84 and the 200 day MA is $72.27. The market capitalization for the company is 21.58B. The stock price is currently at: $69.93 USD
The potential market cap would be $23,240,888,956 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 10.16, revenue per share of $35.82 and a 0.84% return on assets.
State Street Corporation is a financial holding company. The Company, through its subsidiary, State Street Bank and Trust Company (State Street Bank), provides a range of financial products and services to institutional investors. It operates through two lines of business: Investment Servicing and Investment Management. Its Investment Servicing, through State Street Investment Services, State Street Global Markets, and State Street Alpha, provides investment services for clients, including mutual funds, collective investment funds and other investment pools. Its products include back-office products, such as custody, accounting, regulatory reporting, and investor services. Its Investment Management line of business, through State Street Global Advisors, provides a range of investment management strategies and products for its clients. It offers a breadth of services and solutions, including ESG investing, defined benefit and defined contribution products and Global Fiduciary Solutions.
