Goldman Sachs Resumes TD Ameritrade (AMTD) at Neutral
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Price: $0.76 --0%
Rating Summary:
4 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
4 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs resumes coverage on TD Ameritrade (NASDAQ: AMTD) with a Neutral rating and $20.50 price target.
The firm calls the company "a leading asset gatherer with top tier activity rates." That said, shares trade at 16.5X NTM P/E, or slightly above history, leaving little room for upside given EPS will likely be constrained by reliance on trading and headwinds in spread fees.
For an analyst ratings summary and ratings history on TD Ameritrade click here. For more ratings news on TD Ameritrade click here.
Shares of TD Ameritrade closed at $19.45 yesterday.
The firm calls the company "a leading asset gatherer with top tier activity rates." That said, shares trade at 16.5X NTM P/E, or slightly above history, leaving little room for upside given EPS will likely be constrained by reliance on trading and headwinds in spread fees.
For an analyst ratings summary and ratings history on TD Ameritrade click here. For more ratings news on TD Ameritrade click here.
Shares of TD Ameritrade closed at $19.45 yesterday.
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