TD Ameritrade Holding Corp. PT Raised to $32.00 at Sandler O’Neill (AMTD)
Stock analysts at Sandler O’Neill lifted their target price on shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) from $30.00 to $32.00 in a report issued on Monday, StockRatingsNetwork reports. The firm currently has a “buy” rating on the stock. Sandler O’Neill’s price target indicates a potential upside of 13.03% from the company’s current price.
Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded down 1.26% during mid-day trading on Monday, hitting $28.31. 1,760,923 shares of the company’s stock traded hands. TD Ameritrade Holding Corp. has a 1-year low of $15.20 and a 1-year high of $28.68. The stock has a 50-day moving average of $26.78 and a 200-day moving average of $24.44. The company has a market cap of $15.578 billion and a P/E ratio of 25.60.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) last issued its quarterly earnings data on Tuesday, July 23rd. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $0.28 earnings per share. The company’s quarterly revenue was up 8.7% on a year-over-year basis. On average, analysts predict that TD Ameritrade Holding Corp. will post $1.21 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at JMP Securities initiated coverage on shares of TD Ameritrade Holding Corp. in a research note to investors on Wednesday, October 9th. They set a “market perform” rating on the stock. Separately, analysts at Keefe, Bruyette & Woods upgraded shares of TD Ameritrade Holding Corp. from an “underperform” rating to a “market perform” rating in a research note to investors on Wednesday, October 9th. They now have a $27.00 price target on the stock, up previously from $24.00. Finally, 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, October 7th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $25.60.
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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