State Street Corporation: The Winning Streak Continues (STT)

August 9, 2021 10:31:57

Shares of State Street Corporation (NYSE:STT) traded today at $90.60, eclipsing its 52-week high. This new high was reached on below average trading volume as 177,000 shares traded hands, while the average 30-day volume is approximately 1.8 million shares.

State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $38.8 trillion in assets under custody and administration and $3.5 trillion assets under management as of Dec. 31, 2020, State Street operates globally in more than 100 geographic markets and employs more than 38,000 worldwide.

State Street Corporation (NYSE:STT) is currently priced 0.2% above its average consensus analyst price target of $90.38.

Over the past year, State Street Corporation has traded in a range of $56.63 to $90.60 and is now at $90.52, 60% above that low.

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