Impact of Brokerage Rating on TCF Financial Corporation(TCB)

Many TCF Financial Corporation(TCB) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. TCF Financial Corporation was Reiterated by FBR & Co. on Jan 30, 2017 to Mkt Perform, Lowers Price Target to $ 19 from a previous price target of $21 .TCF Financial Corporation was Reiterated by RBC Capital Mkts on Jan 30, 2017 to Outperform, Lowers Price Target to $ 20 from a previous price target of $22 .TCF Financial Corporation was Downgraded by Deutsche Bank on Jan 20, 2017 to Hold, Lowers Price Target to $ 20 from a previous price target of $22 .

Company has reported several Insider transactions to the SEC, on Feb 8, 2017, Michael Scott Jones (EVP) sold 25,000 shares at 17.26 per share price.On Nov 30, 2015, William Allen Cooper (Chairman & CEO) sold 84,066 shares at 15.50 per share price.On Nov 12, 2015, William F Bieber (director) sold 6,920 shares at 15.43 per share price.

TCF Financial Corporation Last issued its quarterly earnings results on Jan 27, 2017. The company reported $0.27 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $0.30.Analysts expectations of $ 333.84.During the same quarter in the previous year, the company posted $0.29 EPS.

TCF Financial Corporation (NYSE:TCB) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.71 by 14 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 10 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.

TCF Financial Corporation (NYSE:TCB) should head towards $18.17 per share according to 12 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $15 per share. The higher price estimate target is at $20 according to the Analysts.

TCF Financial Corporation (NYSE:TCB) rose 1.9% or 0.33 points on Tuesday and made its way into the gainers of the day. After trading began at $17.42 the stock was seen hitting $17.83 as a peak level and $17.33 as the lowest level. The stock ended up at $17.73. The daily volume was measured at 1,467,774 shares. The 52-week high of the share price is $20.03 and the 52-week low is $10.735. The company has a market cap of $3,032 million.

TCF is a Wayzata, Minnesota-based national financial holding company. TCF has banking offices in Minnesota, Illinois, Michigan, Wisconsin, Colorado and Indiana. Other TCF affiliates provide leasing and equipment finance, mortgage banking, discount brokerage, and investments and insurance sales. They are a national financial holding company of one federally chartered bank, TCF National Bank.

TCF

For any feedback and suggestions contact author at Nancy.Wright@thefoundersdaily.com

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