TD Ameritrade Holding Corp. Upgraded to “Market Perform” at Keefe, Bruyette & Woods (AMTD)
TD Ameritrade Holding Corp. (NASDAQ:AMTD) was upgraded by equities research analysts at Keefe, Bruyette & Woods from an “underperform” rating to a “market perform” rating in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports. The firm currently has a $27.00 price target on the stock, up from their previous price target of $24.00. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 5.59% from the stock’s previous close.
A number of other analysts have also recently weighed in on AMTD. Analysts at Thomson Reuters/Verus downgraded shares of TD Ameritrade Holding Corp. from a “hold” rating to a “sell” rating in a research note to investors on Monday. Separately, analysts at Zacks downgraded shares of TD Ameritrade Holding Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, September 27th. They now have a $28.00 price target on the stock. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company’s stock. TD Ameritrade Holding Corp. presently has a consensus rating of “Hold” and a consensus price target of $25.47.
Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) opened at 25.57 on Wednesday. TD Ameritrade Holding Corp. has a 52 week low of $15.20 and a 52 week high of $28.12. The stock’s 50-day moving average is $26.62 and its 200-day moving average is $24.13. The company has a market cap of $14.070 billion and a P/E ratio of 22.83.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) last posted its quarterly earnings results on Tuesday, July 23rd. The company reported $0.33 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.28 earnings per share. TD Ameritrade Holding Corp.’s revenue was up 8.7% compared to the same quarter last year. On average, analysts predict that TD Ameritrade Holding Corp. will post $1.21 earnings per share for the current fiscal year.
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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