Toronto-Dominion Bank Upgraded to Buy by TheStreet (TD)
Toronto-Dominion Bank (TSE:TD) was upgraded by stock analysts at TheStreet to a “buy” rating in a report issued on Thursday, Analyst Ratings News reports.
Several other analysts have also recently commented on the stock. Analysts at Stonecap Securities raised their price target on shares of Toronto-Dominion Bank from C$75.00 to C$76.00 in a research note to investors on Wednesday, September 18th. They now have an “underperform” rating on the stock. Separately, analysts at Scotiabank raised their price target on shares of Toronto-Dominion Bank to C$105.00 in a research note to investors on Wednesday, September 18th. They now have a “sector outperform” rating on the stock. Finally, analysts at National Bank Financial raised their price target on shares of Toronto-Dominion Bank from C$97.00 to C$99.00 in a research note to investors on Tuesday, September 17th. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the stock. Toronto-Dominion Bank presently has an average rating of “Buy” and an average price target of C$94.55.
Toronto-Dominion Bank (TSE:TD) traded up 0.22% during mid-day trading on Thursday, hitting $92.75. 1,109,916 shares of the company’s stock traded hands. Toronto-Dominion Bank has a 52-week low of $78.05 and a 52-week high of $93.20. The stock’s 50-day moving average is $88.42 and its 200-day moving average is $84.68. The company has a market cap of $85.311 billion and a price-to-earnings ratio of 13.37.
The Toronto-Dominion Bank is a Canada-based bank. The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (TSE:TD).
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