Jefferies Reiterates a Hold Rating on TD Ameritrade

Jefferies analyst Daniel Fannon reiterated a Hold rating on TD Ameritrade (NASDAQ: AMTD) on July 11 and set a price target of $62. The company’s shares closed yesterday at $55.07.

According to, Fannon is a top 100 analyst with an average return of 15.9% and a 77.2% success rate. Fannon covers the Financial sector, focusing on stocks such as WisdomTree Investments, Gain Capital Holdings, and Federated Investors.

TD Ameritrade has an analyst consensus of Moderate Buy, with a price target consensus of $64.67, representing a 17.4% upside. In a report issued on June 28, Credit Suisse also maintained a Hold rating on the stock with a $58 price target.


See today’s analyst top recommended stocks >>

The company has a one-year high of $63.01 and a one-year low of $41.88. Currently, TD Ameritrade has an average volume of 2.06M.

Based on the recent corporate insider activity of 83 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

TD Ameritrade Holding Corp. engages in the provision of securities brokerage services and related technology-based financial services. It offers the following products and services to retail clients: touch-tone trading; trading over the internet, unlimited streaming, free real-time quotes; extended trading hours; direct access to market destinations, and commitment ton the speed of order execution. The company was founded by J. Joseph Ricketts in 1971 and is headquartered in Omaha, NE.

From Our Partners