Jefferies (NYSE:JEF) analyst Ken Usdin maintained a Buy rating on State Street on Wednesday, setting a price target of $108, which is approximately 13.80% above the present share price of $94.9.
Usdin expects State Street to post earnings per share (EPS) of $1.99 for the fourth quarter of 2021.
The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in State Street, with an average price target of $108.73.
The analysts price targets range from a high of $128 to a low of $92.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $2.73 billion and a net profit of $0. The company's market cap is $34.7 billion.
According to TipRanks.com, Jefferies analyst Ken Usdin is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 24.0% and a 79.73% success rate.
State Street Corporation (NYSE:STT) is a financial services and bank holding company. It provides a range of financial products and services to institutional investors worldwide including deposits, loans and lease financing, securities finance, trading services, portfolio modeling and construction, and wealth management solutions.