TD Ameritrade Holding Corp. (NASDAQ:AMTD) had its target price boosted by Keefe, Bruyette & Woods from $27.00 to $29.00 in a report issued on Wednesday, Analyst Ratings Net reports. They currently have a hold rating on the stock.
Keefe, Bruyette & Woods has also modified their ratings on a number of other financials stocks in the few days. The firm raised its price target on shares of Waddell & Reed Financial Inc. from $58.00 to $64.00. Also, Keefe, Bruyette & Woods raised its price target on shares of Legg Mason Inc. from $40.00 to $42.00. They have a market perform rating on that stock. Finally, Keefe, Bruyette & Woods raised its price target on shares of Raymond James from $46.00 to $50.00. They have an outperform rating on that stock.
AMTD has been the subject of a number of other recent research reports. Analysts at Compass Point raised their price target on shares of TD Ameritrade Holding Corp. from $24.00 to $26.00 in a research note to investors on Wednesday. They now have a neutral rating on the stock. Separately, analysts at UBS AG raised their price target on shares of TD Ameritrade Holding Corp. from $27.00 to $28.00 in a research note to investors on Wednesday. They now have a neutral rating on the stock. Finally, analysts at Thomson Reuters/Verus upgraded shares of TD Ameritrade Holding Corp. from a sell rating to a hold rating in a research note to investors on Monday. Twelve investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of $25.93.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded up 1.47% during mid-day trading on Wednesday, hitting $27.66. 2,233,818 shares of the company’s stock traded hands. TD Ameritrade Holding Corp. has a 52 week low of $15.14 and a 52 week high of $27.90. The stock’s 50-day moving average is $27.05 and its 200-day moving average is $25.0. The company has a market cap of $15.220 billion and a P/E ratio of 24.34.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) last issued its quarterly earnings data on Tuesday, October 29th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.02. The company had revenue of $709.00 million for the quarter, compared to the consensus estimate of $701.23 million. During the same quarter in the previous year, the company posted $0.26 earnings per share. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. Analysts expect that TD Ameritrade Holding Corp. will post $1.33 EPS for the current fiscal year.
The company also recently declared a special dividend, which is scheduled for Tuesday, December 17th. Shareholders of record on Tuesday, December 3rd will be given a dividend of $0.50 per share.
TD Ameritrade Holding Corporation (NASDAQ:AMTD) is a provider of securities brokerage services and technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs).
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