TD Ameritrade Holding Corp. Price Target Raised to $28.00 at Barclays Capital (AMTD)
Equities research analysts at Barclays Capital boosted their target price on shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) from $27.00 to $28.00 in a research note issued to investors on Friday, Analyst Ratings.Net reports. The firm currently has an “equal weight” rating on the stock. Barclays Capital’s target price indicates a potential upside of 0.86% from the stock’s previous close.
Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded down 0.32% during mid-day trading on Friday, hitting $27.67. 930,508 shares of the company’s stock traded hands. TD Ameritrade Holding Corp. has a 1-year low of $15.14 and a 1-year high of $27.88. The stock’s 50-day moving average is $26.88 and its 200-day moving average is $23.26. The company has a market cap of $15.226 billion and a price-to-earnings ratio of 24.79.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) last announced its earnings results on Tuesday, July 23rd. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.02. The company had revenue of $725.00 million for the quarter, compared to the consensus estimate of $705.99 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue for the quarter was up 8.7% on a year-over-year basis. On average, analysts predict that TD Ameritrade Holding Corp. will post $1.20 earnings per share for the current fiscal year.
AMTD has been the subject of a number of other recent research reports. Analysts at Credit Suisse raised their price target on shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) from $23.00 to $24.00 in a research note to investors on Tuesday. They now have a “neutral” rating on the stock. Separately, analysts at Thomson Reuters/Verus downgraded shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) from a “hold” rating to a “sell” rating in a research note to investors on Monday. Finally, analysts at Zacks upgraded shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, August 29th. They now have a $28.00 price target on the stock.
Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $25.27.
In other TD Ameritrade Holding Corp. news, Director J Peter Ricketts unloaded 40,000 shares of the company’s stock on the open market in a transaction dated Friday, September 6th. The shares were sold at an average price of $26.41, for a total transaction of $1,056,400.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
TD Ameritrade Holding Corporation (NASDAQ:AMTD) is a provider of securities brokerage services and technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs).
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