Toronto-Dominion Bank PT Raised to C$61.00 at RBC Capital (TD)
RBC Capital increased their price target on shares of Toronto-Dominion Bank (TSE:TD) from C$58.00 to C$61.00 in a research note issued on Friday. RBC Capital’s target price would indicate a potential upside of 6.31% from the company’s current price.
TD has been the subject of a number of other recent research reports. Analysts at NBF raised their price target on shares of Toronto-Dominion Bank from C$59.00 to C$61.00 in a research note on Friday. Separately, analysts at Barclays raised their price target on shares of Toronto-Dominion Bank from C$56.00 to C$59.00 in a research note on Tuesday, August 19th. They now have an “equal weight” rating on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Toronto-Dominion Bank from C$51.00 to C$61.00 in a research note on Tuesday, August 19th. They now have a “market perform” rating on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the stock. Toronto-Dominion Bank presently has an average rating of “Hold” and a consensus price target of C$66.96.
Toronto-Dominion Bank (TSE:TD) opened at 57.38 on Friday. Toronto-Dominion Bank has a 52 week low of $44.18 and a 52 week high of $58.20. The stock has a 50-day moving average of $56. and a 200-day moving average of $53.29. The company has a market cap of $105.7 billion and a price-to-earnings ratio of 15.36.
The company also recently announced a quarterly dividend, which is scheduled for Friday, October 31st. Investors of record on Friday, October 3rd will be paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 3.28%.
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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