Short Term Price Target on TD Ameritrade Holding Corporation (AMTD)

TD Ameritrade Holding Corporation (NYSE:AMTD) : The consensus price target for TD Ameritrade Holding Corporation (NYSE:AMTD) is $32.78 for the short term with a standard deviation of $2.22. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $37, however, the pessimist price target for the company is $29.

TD Ameritrade Holding Corporation has lost 8.47% in the last five trading days and dropped 12.81% in the last 4 weeks. TD Ameritrade Holding Corporation has dropped 11.21% during the last 3-month period . Year-to-Date the stock performance stands at -16.99%. Also, Deutsche Bank maintains their rating on the shares of TD Ameritrade Holding Corporation (NYSE:AMTD). The current rating of the shares is Buy. Equity Analysts at the Firm lowers the price target to $34 per share from $35 per share. The rating by the firm was issued on June 16, 2016.

TD Ameritrade Holding Corporation (NYSE:AMTD) : 5 brokerage houses believe that TD Ameritrade Holding Corporation (NYSE:AMTD) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on TD Ameritrade Holding Corporation (NYSE:AMTD). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 13 Wall Street Analysts endorse the stock as a Buy with a rating of 2.

TD Ameritrade Holding Corporation (NYSE:AMTD): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.86 and $27.50 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.48, notching a gain of 2.39% for the day. The total traded volume was 4,354,212 . The stock had closed at $27.81 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Tomczyk Fredric J, director officer (CEO) of Td Ameritrade Holding Corp, had unloaded 10,000 shares at an average price of $31.28 in a transaction dated on June 3, 2016. The total value of the transaction was worth $312,800.

TD Ameritrade Holding Corporation (TD Ameritrade) is an investment banking and a retail discount securities brokerage company. The parent company is Delaware Corporation. The Company provides securities brokerage services and related technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs). The Company provides its services through the Internet, a national branch network and relationships with RIAs. The Company offers various products and services to its client, primarily, trading in common and preferred stocks, American Depository Receipts, closed-end funds, Exchange Traded Funds, Futures & Options, Foreign Exchange, Mutual Funds, Fixed Income securities, New and secondary issue securities, Margin lending, Cash Management Services and Annuities. The Companys client offerings are primarily provided through Trading and Investing Platforms and Other Offerings.

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