TD Ameritrade Holding Corporation (AMTD) : 13 analysts are covering TD Ameritrade Holding Corporation (AMTD) and their average rating on the stock is 2, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. TD Ameritrade Holding Corporation (AMTD) also receives 3 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
TD Ameritrade Holding Corporation (AMTD) : The consensus price target for TD Ameritrade Holding Corporation (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 (NYSE:AMTD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.75 and $26.37 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.13. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.00, notching a gain of 0.33% for the day. The total traded volume was 5,584,245 . The stock had closed at $26.91 on the previous day.
Also, Equity analysts at the Brokerage firm Bank of America downgrades its rating on TD Ameritrade Holding Corporation (NYSE:AMTD). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on June 28, 2016. The company shares have dropped -25.08% from its 1 Year high price. On Jul 20, 2015, the shares registered one year high at $39.05 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $30.20 and the 200 Day Moving Average price is recorded at $30.20.
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.