Toronto-Dominion Bank PT Raised to C$61.00 (TD)
Equities researchers at Keefe, Bruyette & Woods boosted their price target on shares of Toronto-Dominion Bank (TSE:TD) from C$51.00 to C$61.00 in a research report issued on Tuesday. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price target would suggest a potential upside of 7.09% from the company’s current price.
Toronto-Dominion Bank (TSE:TD) opened at 56.96 on Tuesday. Toronto-Dominion Bank has a 52-week low of $43.26 and a 52-week high of $57.68. The stock has a 50-day moving average of $55.91 and a 200-day moving average of $52.79. The company has a market cap of $104.9 billion and a P/E ratio of 15.05.
Toronto-Dominion Bank (TSE:TD) last posted its quarterly earnings results on Friday, May 23rd. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.07. On average, analysts predict that Toronto-Dominion Bank will post $4.33 earnings per share for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at CIBC raised their price target on shares of Toronto-Dominion Bank from C$58.00 to C$62.00 in a research note on Tuesday, August 12th. They now have an “outperform” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Toronto-Dominion Bank from C$57.00 to C$58.00 in a research note on Monday, May 26th. They now have an “outperform” rating on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Toronto-Dominion Bank from C$53.00 to C$54.50 in a research note on Friday, May 23rd. They now have an “outperform” rating on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of C$66.95.
The Toronto-Dominion Bank is a Canada-based bank, offering a range of financial products and services through TD Canada Trust, TD Bank, TD commercial Bank, TD commercial Banking and TD Auto finance.
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