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 2.67 by 12 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 7 Brokerage Firms have advised hold. A sell rating was given by 2 analyst.
Other Equity analysts have also commented on the company shares. Equity analysts at the Brokerage firm JP Morgan maintains its rating on TCF Financial Corporation (NYSE:TCB). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at JP Morgan lowers the price target from $13.5 per share to $13 per share. The rating by the firm was issued on April 5, 2016.
TCF Financial Corporation (NYSE:TCB): 9 Analyst have given the stock of TCF Financial Corporation (NYSE:TCB) a near short term price target of $14.67. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $1.32. The higher price target estimate is at $17 while the lower price estimates are fixed at $13.
TCF Financial Corporation (NYSE:TCB) witnessed a decline in the market cap on Tuesday as its shares dropped 0.76% or 0.1 points. After the session commenced at $13.29, the stock reached the higher end at $13.29 while it hit a low of $13.04. With the volume soaring to 1,433,237 shares, the last trade was called at $13.12. The company has a 52-week high of $17.29. The company has a market cap of $2,244 million and there are 171,050,970 shares in outstanding. The 52-week low of the share price is $10.37.
Shares of TCF Financial Corporation appreciated by 0.23% during the last five trading days but lost 3.95% on a 4-week basis. TCF Financial Corporation is up 5.38% in the last 3-month period. Year-to-Date the stock performance stands at -5.92%.
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.