Jefferies Sticks to Its Hold Rating for TCF Financial Corporation


Jefferies analyst Casey Haire reiterated a Hold rating on TCF Financial Corporation (NYSE: TCF) today and set a price target of $26. The company’s shares opened today at $25.49, close to its 52-week high of $27.34.

According to TipRanks.com, Haire is a 5-star analyst with an average return of 20.3% and a 75.9% success rate. Haire covers the Financial sector, focusing on stocks such as Hancock Whitney Corporation, People’s United Financial, and Texas Capital Bancshares.

Currently, the analyst consensus on TCF Financial Corporation is a Moderate Buy with an average price target of $27.83, representing a 9.2% upside. In a report released yesterday, KBW also reiterated a Hold rating on the stock with a $26 price target.

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TCF Financial Corporation’s market cap is currently $4.34B and has a P/E ratio of 16.23. The company has a Price to Book ratio of 1.85.

Based on the recent corporate insider activity of 95 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.

TCF Financial Corp. is the holding company for TCF National Bank, which engages in the provision of checking, savings, consumer loans, collecting funds, investing funds, managing funds, leasing and mortgage services. It also offers commercial real estate loans, commercial business loans and consumer loans.

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