TCF Financial (NYSE:TCF)‘s stock had its “buy” rating reiterated by research analysts at Piper Jaffray Companies in a research report issued on Tuesday. They currently have a $25.00 target price on the bank’s stock. Piper Jaffray Companies’ price objective would suggest a potential upside of 13.38% from the company’s current price.

A number of other equities research analysts also recently commented on the company. Deutsche Bank increased their price objective on TCF Financial from $17.00 to $18.00 and gave the company a “hold” rating in a research report on Wednesday, November 8th. JPMorgan Chase & Co. increased their price objective on TCF Financial from $18.00 to $19.00 and gave the company a “neutral” rating in a research report on Monday, October 30th. Zacks Investment Research downgraded TCF Financial from a “hold” rating to a “sell” rating in a research report on Monday, September 25th. DA Davidson reiterated a “buy” rating and set a $23.00 price objective on shares of TCF Financial in a research report on Wednesday, November 29th. Finally, Sandler O’Neill upgraded TCF Financial from a “hold” rating to a “buy” rating in a research report on Tuesday, November 28th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $19.85.

Shares of TCF Financial (TCF) traded up $0.12 during trading hours on Tuesday, hitting $22.05. The stock had a trading volume of 815,937 shares, compared to its average volume of 1,613,167. TCF Financial has a one year low of $14.58 and a one year high of $22.29. The firm has a market cap of $3,730.00, a P/E ratio of 19.51, a PEG ratio of 1.74 and a beta of 1.29. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.04 and a quick ratio of 1.03.

TCF Financial (NYSE:TCF) last announced its quarterly earnings data on Friday, October 27th. The bank reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.02). TCF Financial had a net margin of 15.27% and a return on equity of 9.63%. The company had revenue of $343.30 million for the quarter, compared to analyst estimates of $340.45 million. During the same quarter last year, the company posted $0.31 EPS. TCF Financial’s revenue was up .4% on a year-over-year basis. research analysts expect that TCF Financial will post 0.9 earnings per share for the current fiscal year.

In other news, Director Peter Bell sold 15,000 shares of the stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $20.53, for a total value of $307,950.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.50% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of TCF Financial by 9.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,487 shares of the bank’s stock valued at $103,000 after purchasing an additional 580 shares in the last quarter. Zions Bancorporation purchased a new stake in shares of TCF Financial in the third quarter valued at $116,000. Evercore Wealth Management LLC purchased a new stake in shares of TCF Financial in the third quarter valued at $128,000. Tower Research Capital LLC TRC lifted its holdings in shares of TCF Financial by 540.0% in the second quarter. Tower Research Capital LLC TRC now owns 8,282 shares of the bank’s stock valued at $132,000 after purchasing an additional 6,988 shares in the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. acquired a new position in shares of TCF Financial in the third quarter worth $140,000. Institutional investors own 82.25% of the company’s stock.

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TCF Financial Company Profile

TCF Financial Corporation (TCF) is a bank holding company. The Company’s principal subsidiary is TCF National Bank (TCF Bank). The Company operates in three segments: Consumer Banking, Wholesale Banking and Enterprise Services. Consumer Banking comprises all of the Company’s consumer-facing businesses.

Analyst Recommendations for TCF Financial (NYSE:TCF)

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