# State Street Corporation – Consensus ‘hold’ rating and 8.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/state-street-corporation-consensus-hold-rating-and-8.9-upside-potential/4121133008
- Published: 2023-11-16T13:21:34+00:00
- Author: Charlotte Edwards

**State Street Corporation** which can be found using ticker (STT) now have 14 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘hold’. The
range between the high target price and low target price is between $87.00 and $
68.00 calculating the average target price we see $75.11. Given that the stocks 
previous close was at $68.94 and the analysts are correct then there would likely
be a percentage uptick in value of 8.9%. Also worth taking note is the 50 day moving
average now sits at $67.04 while the 200 day moving average is $73.06. The company
has a market capitalization of 21.52B. The current share price for the company is:
$69.73 USD

 The potential market cap would be $23,443,345,298 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 10.14, 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.

Share on:
