It has been a good summer for the S & P 500 , even when accounting for the August slump.
This summer has brought another quarterly earnings season , one interest rate hike and one skip , plus some renewed banking fears.
Shares have given up some of the summer gains in August, putting the stock on trend with the broader market's move.
Slightly less than one out of every two analysts rate the stock a buy.
About three-fifths of analysts rate the stock a buy, with the average price target implying shares could rise more than 6% over the next year.
Persons:
FactSet, John Staszak, Jake Fuller, Fuller, — CNBC's Michael Bloom, Fred Imbert
Organizations:
CNBC Pro, Argus Research, CCL, Labor, Petroleum
Locations:
FactSet