TCF Financial Corporation (NYSE:TCF) had its price target boosted by stock analysts at Barclays PLC from $19.00 to $20.00 in a research report issued on Monday. The firm currently has an “overweight” rating on the stock. Barclays PLC’s target price indicates a potential upside of 10.68% from the company’s previous close.
A number of other equities research analysts have also recently issued reports on TCF. J P Morgan Chase & Co upped their price objective on shares of TCF Financial Corporation from $18.00 to $19.00 and gave the company a “neutral” rating in a research note on Monday. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $18.00 price objective on shares of TCF Financial Corporation in a research note on Sunday. Piper Jaffray Companies set a $17.00 price objective on shares of TCF Financial Corporation and gave the company a “hold” rating in a research note on Friday, October 6th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $20.00 price objective on shares of TCF Financial Corporation in a research note on Friday. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $18.00 price objective on shares of TCF Financial Corporation in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $17.78.
TCF Financial Corporation (NYSE:TCF) traded up 1.64% during trading on Monday, hitting $17.96. 1,059,668 shares of the stock traded hands. TCF Financial Corporation has a 12 month low of $13.73 and a 12 month high of $20.03. The stock has a market cap of $3.03 billion, a PE ratio of 15.56 and a beta of 1.25. The company has a 50-day moving average price of $16.76 and a 200-day moving average price of $16.07.
TCF Financial Corporation (NYSE:TCF) last announced its quarterly earnings data on Friday, October 27th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.02). TCF Financial Corporation had a net margin of 15.27% and a return on equity of 9.63%. The business had revenue of $343.30 million during the quarter, compared to analysts’ expectations of $340.45 million. During the same period last year, the company posted $0.31 EPS. TCF Financial Corporation’s revenue for the quarter was up .4% on a year-over-year basis. Equities research analysts expect that TCF Financial Corporation will post $1.20 EPS for the current year.
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In other news, Director Barry N. Winslow purchased 12,000 shares of the stock in a transaction that occurred on Thursday, September 14th. The stock was bought at an average cost of $25.00 per share, for a total transaction of $300,000.00. Following the acquisition, the director now directly owns 2,365 shares of the company’s stock, valued at approximately $59,125. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.50% of the company’s stock.
TCF Financial Corporation Company Profile
TCF Financial Corporation (TCF) is a bank holding company. The Company’s principal subsidiary is TCF National Bank (TCF Bank). The Company operates in three segments: Consumer Banking, Wholesale Banking and Enterprise Services. Consumer Banking comprises all of the Company’s consumer-facing businesses.
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