U.S. stocks opened mostly lower Wednesday as investors took back some of September's robust gains and considered potential action by the Federal Reserve.
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Citigroup Inc. (NYSE:C) added 0.45% to $3.90 on over 79.34 million shares. Today, the stock opened at $3.88 and is trading within the range of $3.87-$3.90. The average daily volume of the stock is 410.58 million shares.
The stock is up more than 17% year-to-date. So far, the market capitalization of the stock stands at $113 billion.
U.S. Bancorp (NYSE:USB) slid 0.69% to $21.68 after 2.08 million shares of trade. So far in the past six months of trading sessions, the stock dropped over 16%.
The median Wall Street price target on the stock is $29 and the high target is set at $34 with majority of analysts have a Buy rating on the company`s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $22.24 and $24.19 respectively.
Morgan Stanley (NYSE:MS) dropped 0.82% to $24.30 on over 4.14 million shares. The stock moved in an intraday range of $24.18-$24.43. So far in the last six months of trading sessions, the stock plunged over 17%.
The company has Price/Book ratio of 0.83. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $25.96 and $27.12 respectively.
Morgan Stanley is a financial holding company. Through its subsidiaries and affiliates, the Company operates as a global financial services company that provides its products and services to a diversified group of clients and customers, including corporations, governments, financial institutions and individuals.
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Goldman Sachs Group, Inc. (NYSE:GS) went down 1.22% to $143.24 on over 1.90 million shares of trade. So far this year, the stock dropped over 14%. The stock has a 52-week range of $129.50-$193.60.
The median Wall Street price target on the stock is $190 and the high target is set at $243 with majority of analysts have a Buy rating on the company`s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $147.33 and $150.38 respectively.
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