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Home›Bankroll›TCF Financial Corporation – Consensus indicates downside potential of -4.5%

TCF Financial Corporation – Consensus indicates downside potential of -4.5%

By Loretta Hudson
March 9, 2021
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TCF Financial Company found using ticker (TCF) now have 14 analysts covering the stock with the consensus suggesting a rating of “Buy”. The target price varies between 54 and 38 by calculating the average target price that we see 44.32. Now, with the previous closing price of 46.42, this indicates that there is potential for a downside of -4.5%. The 50-day moving average now stands at 43.09 and the 200-day moving average is at 33.91. The company’s market capitalization is $ 7,269 million. You can visit the company’s website by visiting: http://ir.tcfbank.com

TCF Financial Corporation is the financial holding company of TCF National Bank which provides various financial products and services in the United States and Canada. It operates through the segments of consumer banking, wholesale banking and business services. The company offers checking, savings and money market accounts; certificates of deposit; and individual retirement accounts. It also offers consumer loans; loans secured by personal property, as well as unsecured personal loans; commercial and industrial loans; commercial real estate loans; equipment leasing and financing products; inventory finance products; and personal, consumer and small business loan products. In addition, the company offers investment and custody management, trust, financial and estate planning services; retirement planning and employee benefit programs; and treasury management, international trade finance, currency management and loan syndication services, and sells investment products, such as annuity products and mutual funds. In addition, it provides treasury services including investment and borrowing portfolios, as well as capital, debt and market risk management; check cashing and remitting services; lines of credit, letters of credit and capital market products; and credit and debit cards. As of December 31, 2019, the company had 520 branches, including 396 traditional branches, 121 supermarket branches and three campus branches located in Michigan, Illinois, Minnesota, Colorado, Ohio, Wisconsin, Arizona and South Dakota; and 1,099 automated teller machines. TCF Financial Corporation was founded in 1923 and is headquartered in Detroit, Michigan.

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