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Enter Symbol:

down 32.22 %

TFS FINANCIAL CORP. (TFSL) rated Sell with price target $9 by Maxim Group

Posted on: Tuesday,  Nov 17, 2009  8:25 AM ET by Maxim Group

Maxim Group rated Sell TFS FINANCIAL CORP. (NASDAQ: TFSL) on 11/17/2009. Previously Maxim Group rated Sell TFS FINANCIAL CORP. (NASDAQ: TFSL) on
06/03/2009., when the stock price was $11.42. Since then, TFS FINANCIAL CORP. has gained 47.55% as of 12/31/2015's recent price of $16.85.
If you would have followed the previous Maxim Group's recommendation on TFSL, you would have lost 32.22% of your investment in 2402 days.

TFS Financial Corporation was organized as the mid-tier stock holding company for Third Federal Savings and Loan Association of Cleveland (Third Federal Savings and Loan or the Association). The Company also operates Third Capital, Inc. as a wholly owned subsidiary. The Company is a holding company of Third Federal Savings and Loan. Third Federal Savings and Loan is a federally chartered savings and loan association. The Association?s principal business consists of originating residential real estate mortgage loans and equity loans and lines of credit and attracting retail savings deposits. The Association?s primary sources of funds are deposits, borrowings, principal and interest payments on loans and securities and proceeds from loan sales. Third Federal Savings and Loan conducts its operations from its main office in Cleveland, Ohio, and from 39 additional, full-service branches and eight loan production offices located throughout the states of Ohio and Florida.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/17/2009 8:25 AM Sell
11.15 9.00
as of 12/31/2009
1 Week up  20.91 %
1 Month up  13.41 %
3 Months up  18.65 %
1 YTD up  13.18 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/3/2009 8:25 AM Sell
11.42 10.00

(*) Stock Price at the time of the recommendation.
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