Short Term Rating on TCF Financial Corporation (TCB)

TCF Financial Corporation (TCB) : Zacks Investment Research ranks TCF Financial Corporation (TCB) as 4, which is a Sell recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 2 Sell recommendation. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2.64, which indicates as a Hold.

TCF Financial Corporation (TCB) : 8 investment research analysts covering TCF Financial Corporation (TCB) have an average price target of $14.31 for the near short term. The highest target price given by the Brokerage Firm to the stock is $16 and the lowest target is $13 for the short term. Analysts expect the variance to be within $1.1 of the average price.

Company shares have received an average consensus rating of Hold for the current week


TCF Financial Corporation (NYSE:TCB): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.72 and $12.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.83, notching a gain of 2.39% for the day. The total traded volume was 1,347,962 . The stock had closed at $12.53 on the previous day.

TCF Financial Corporation (TCF) is a bank holding company. The Companys principal subsidiary is TCF National Bank (TCF Bank). The Company operates in three segments: Lending, Funding and Support Services. Lending includes consumer real estate, commercial real estate and business lending, leasing and equipment finance, inventory finance and auto finance. Funding includes branch banking and treasury services, which includes the Companys investment and borrowing portfolios and management of capital, debt and market risks, including interest rate and liquidity risks. Support Services includes Holding Company and corporate functions. TCF Banks subsidiaries principally engage in leasing, inventory finance and auto finance activities. TCF delivers retail banking products in over 40 states; commercial leasing and equipment finance business in all 50 states; commercial inventory finance business in all 50 states and Canada and indirect auto finance business in all 50 states.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.