Piper Sandler Sticks to Its Buy Rating for TCF Financial (TCF)
Piper Sandler analyst Nathan Race maintained a Buy rating on TCF Financial (TCF) today and set a price target of $35.00. The company’s shares closed last Wednesday at $30.73.
According to TipRanks.com, Race has 0 stars on 0-5 stars ranking scale with an average return of -9.3% and a 29.0% success rate. Race covers the Financial sector, focusing on stocks such as First Midwest Bancorp, Commerce Bancshares, and Mackinac Financial.
Currently, the analyst consensus on TCF Financial is a Strong Buy with an average price target of $35.57, which is a 19.1% upside from current levels. In a report issued on April 17, Wedbush also upgraded the stock to Buy with a $31.00 price target.
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The company has a one-year high of $47.46 and a one-year low of $16.96. Currently, TCF Financial has an average volume of 1.19M.
Based on the recent corporate insider activity of 142 insiders, corporate insider sentiment is neutral on the stock.
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TCF Financial Corp. operates as a financial holding company, which provides banking services. It offers consumer & commercial banking, trust & wealth management, leasing and lending products & services to consumers, small businesses and commercial clients. The company was founded in 1923 and is headquartered in Detroit, MI.