Toronto-Dominion Bank (TD) Earns Buy Rating from Dundee Securities
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.
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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.
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