Toronto-Dominion Bank (TSE:TD)‘s stock had its “buy” rating reiterated by stock analysts at Dundee Securities in a research report issued to clients and investors on Wednesday. They currently have a C$65.00 price target on the stock. Dundee Securities’ price target would suggest a potential upside of 12.85% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. CSFB upped their target price on shares of Toronto-Dominion Bank from C$68.00 to C$69.00 in a report on Friday, August 26th. Bank of America Corp. upped their target price on shares of Toronto-Dominion Bank from C$60.00 to C$62.00 in a report on Friday, August 26th. National Bank Financial upped their target price on shares of Toronto-Dominion Bank from C$60.00 to C$61.00 in a report on Friday, August 26th. Keefe, Bruyette & Woods upped their target price on shares of Toronto-Dominion Bank from C$56.00 to C$57.00 in a report on Thursday, August 18th. Finally, Royal Bank Of Canada upped their price target on shares of Toronto-Dominion Bank to C$51.00 in a research note on Saturday, May 28th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of C$61.86.

Toronto-Dominion Bank (TSE:TD) traded up 0.30% on Wednesday, hitting $57.77. 633,323 shares of the stock were exchanged. The company has a market capitalization of $107.15 billion and a PE ratio of 13.04. Toronto-Dominion Bank has a 1-year low of $48.52 and a 1-year high of $59.10. The company has a 50-day moving average price of $57.44 and a 200 day moving average price of $56.38.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/toronto-dominion-bank-td-earns-buy-rating-from-dundee-securities.html

Toronto-Dominion Bank Company Profile

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank conducts its business through segments, such as Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. Canadian Retail provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses, including credit cards, auto finance, wealth and insurance businesses.

Receive News & Ratings for Toronto-Dominion Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toronto-Dominion Bank and related companies with MarketBeat.com's FREE daily email newsletter.