TFS Financial Corp. Coverage Initiated at Boenning Scattergood (TFSL)
Equities researchers at Boenning Scattergood initiated coverage on shares of TFS Financial Corp. (NASDAQ:TFSL) in a research report issued on Monday, ARN reports. The firm set an “outperform” rating and a $14.00 price target on the stock. Boenning Scattergood’s target price suggests a potential upside of 18.85% from the company’s current price.
A number of other analysts have also recently weighed in on TFSL. Analysts at TheStreet upgraded shares of TFS Financial Corp. from a “hold” rating to a “buy” rating in a research note to investors on Thursday, January 2nd.
TFS Financial Corp. (NASDAQ:TFSL) traded up 0.59% during mid-day trading on Monday, hitting $11.85. The stock had a trading volume of 39,952 shares. TFS Financial Corp. has a 52-week low of $9.86 and a 52-week high of $12.49. The stock’s 50-day moving average is $11.84 and its 200-day moving average is $11.73. The company has a market cap of $3.581 billion and a price-to-earnings ratio of 65.44.
In other TFS Financial Corp. news, CEO Marc Stefanski sold 10,000 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $12.00, for a total value of $120,000.00. Following the sale, the chief executive officer now directly owns 38,279 shares of the company’s stock, valued at approximately $459,348. The transaction was disclosed in a document filed with the SEC, which is available at this link.
TFS Financial Corporation was organized as the holding company for Third Federal Savings and Loan Association of Cleveland (NASDAQ:TFSL).
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