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Taylor Capital Group (TAYC) Announces Quarterly Earnings Results, Misses Expectations By $0.02 EPS

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Taylor Capital Group logoTaylor Capital Group (NASDAQ: TAYC) released its earnings data on Monday. The company reported $0.39 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.41 by $0.02, StockRatingsNetwork.com reports.

TAYC has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Taylor Capital Group from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, June 20th. They now have a $18.40 price target on the stock. On the ratings front, analysts at DA Davidson initiated coverage on shares of Taylor Capital Group in a research note to investors on Thursday, June 13th. They set a “neutral” rating on the stock. Finally, analysts at Sandler O’Neill cut their price target on shares of Taylor Capital Group from $17.00 to $15.00 in a research note to investors on Tuesday, April 23rd. They now have a “hold” rating on the stock.

Shares of Taylor Capital Group (NASDAQ: TAYC) opened at 17.81 on Monday. Taylor Capital Group has a one year low of $12.97 and a one year high of $19.35. The stock’s 50-day moving average is currently $17.09. The company has a market cap of $510.5 million and a P/E ratio of 9.05.

Taylor Capital Group, Inc is a bank holding company. The Company derives its revenue from its wholly owned subsidiary, Cole Taylor Bank (NASDAQ: TAYC).


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