KBW Initiates SWS Group (SWS) with a Market Perform

June 9, 2008 8:12 AM EDT

Keefe, Bruyette, and Woods initiates coverage on SWS Group (NYSE: SWS) with a Market Perform rating and a $20 price target.

The firm believes SWS is streamlined but well diversified. The $20 price target implies a P/E multiple of approximately 13.8 times their 2009 EPS estimate while their fiscal 2008 and 2009 EPS estimates are $1.15 and $1.45, respectively.

SWS Group, Inc. operates as a securities and banking company in the United States and internationally.


Related Categories

New Coverage

Stocks Mentioned

SWS 20.18

-0.38 -1.85%
Volume: 292,637
Track SWS


Add Your Comment