TCF Financial Corp. Upgraded to Outperform at Oppenheimer (TCB)
TCF Financial Corp. (NYSE:TCB) was upgraded by equities research analysts at Oppenheimer from a “market perform” rating to an “outperform” rating in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports.
TCF Financial Corp. (NYSE:TCB) traded up 4.10% during mid-day trading on Wednesday, hitting $16.74. The stock had a trading volume of 2,224,523 shares. TCF Financial Corp. has a one year low of $12.45 and a one year high of $16.68. The stock has a 50-day moving average of $15.85 and a 200-day moving average of $15.16. The company has a market cap of $2.699 billion and a P/E ratio of 21.50.
TCF Financial Corp. (NYSE:TCB) last released its earnings data on Friday, October 25th. The company reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. During the same quarter in the previous year, the company posted $0.06 earnings per share. Analysts expect that TCF Financial Corp. will post $0.83 EPS for the current fiscal year.
A number of other firms have also recently commented on TCB. Analysts at Zacks reiterated a “neutral” rating on shares of TCF Financial Corp. in a research note to investors on Monday, December 16th. They now have a $16.50 price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of TCF Financial Corp. from $16.00 to $17.00 in a research note to investors on Thursday, October 31st. They now have a “hold” rating on the stock. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $16.09.
TCF Financial Corporation (NYSE:TCB) is a national bank holding company.
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