TCF Financial Co. (AMEX:TCF) Given Average Recommendation of “Hold” by Brokerages
Shares of TCF Financial Co. (AMEX:TCF) have been given an average recommendation of “Hold” by the twelve research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $18.38.
Several research firms recently commented on TCF. Zacks Investment Research upgraded shares of TCF Financial from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research report on Tuesday, April 4th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $18.00 price target on shares of TCF Financial in a research report on Monday, April 3rd. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $18.00 price target on shares of TCF Financial in a research report on Monday, April 24th.
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Shares of TCF Financial (AMEX TCF) opened at 15.97 on Friday. TCF Financial has a 1-year low of $12.36 and a 1-year high of $20.03. The firm has a market cap of $2.68 billion, a price-to-earnings ratio of 14.01 and a beta of 1.14. The stock has a 50 day moving average of $15.62 and a 200-day moving average of $17.18.
TCF Financial (AMEX:TCF) last released its quarterly earnings results on Monday, April 24th. The bank reported $0.25 EPS for the quarter, missing the consensus estimate of $0.26 by $0.01. TCF Financial had a net margin of 14.92% and a return on equity of 7.61%. The business had revenue of $325.60 million during the quarter, compared to analysts’ expectations of $326.93 million. During the same quarter last year, the company earned $0.26 EPS. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. Equities analysts anticipate that TCF Financial will post $1.19 EPS for the current fiscal year.
TCF Financial Company Profile
TCF Financial Corporation (TCF) is a bank holding company. The Company’s principal subsidiary is TCF National Bank (TCF Bank). The Company operates in three segments: Consumer Banking, Wholesale Banking and Enterprise Services. Consumer Banking comprises all of the Company’s consumer-facing businesses.
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