TD Ameritrade Holding Corp. Price Target Increased to $36.00 by Analysts at UBS AG (AMTD)
Stock analysts at UBS AG lifted their target price on shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) from $28.00 to $36.00 in a report issued on Wednesday, Analyst Ratings Net reports. The firm currently has a “neutral” rating on the stock. UBS AG’s price objective would indicate a potential upside of 6.35% from the company’s current price.
A number of other analysts have also recently weighed in on AMTD. Analysts at Nomura initiated coverage on shares of TD Ameritrade Holding Corp. in a research note to investors on Thursday, January 9th. They set a “neutral” rating and a $32.00 price target on the stock. Separately, analysts at Citigroup Inc. downgraded shares of TD Ameritrade Holding Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, January 7th. They now have a $34.00 price target on the stock, up previously from $31.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of TD Ameritrade Holding Corp. in a research note to investors on Thursday, December 19th. They now have a $31.50 price target on the stock. Twelve research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. TD Ameritrade Holding Corp. has a consensus rating of “Hold” and an average target price of $28.32.
Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded up 0.38% on Wednesday, hitting $33.98. The stock had a trading volume of 1,798,634 shares. TD Ameritrade Holding Corp. has a one year low of $18.57 and a one year high of $35.16. The stock’s 50-day moving average is $30.29 and its 200-day moving average is $27.96. The company has a market cap of $18.706 billion and a price-to-earnings ratio of 27.75.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) last issued its quarterly earnings data on Tuesday, January 21st. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.33 by $0.02. The company had revenue of $752.00 million for the quarter, compared to the consensus estimate of $734.98 million. During the same quarter last year, the company posted $0.27 earnings per share. TD Ameritrade Holding Corp.’s revenue was up 15.5% compared to the same quarter last year. Analysts expect that TD Ameritrade Holding Corp. will post $1.34 EPS for the current fiscal year.
In other TD Ameritrade Holding Corp. news, Director Joseph Moglia sold 21,889 shares of TD Ameritrade Holding Corp. stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $31.51, for a total value of $689,722.39. Following the completion of the sale, the director now directly owns 747,055 shares of the company’s stock, valued at approximately $23,539,703. The sale was disclosed in a document filed with the SEC, 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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