Toronto-Dominion Bank’s (TD) Buy Rating Reiterated at Dundee Securities
Toronto-Dominion Bank (TSE:TD)‘s stock had its “buy” rating reissued by equities research analysts at Dundee Securities in a research report issued to clients and investors on Wednesday, StockTargetPrices.com reports. They presently have a C$65.00 price target on the stock. Dundee Securities’ price target suggests a potential upside of 12.85% from the stock’s previous close.
Several other research firms also recently commented on TD. CIBC boosted their price objective on Toronto-Dominion Bank from C$60.00 to C$61.00 in a report on Friday, September 2nd. Royal Bank Of Canada boosted their price objective on Toronto-Dominion Bank to C$51.00 in a report on Saturday, May 28th. Keefe, Bruyette & Woods boosted their price objective on Toronto-Dominion Bank from C$52.00 to C$56.00 in a report on Tuesday, May 31st. National Bank Financial upped their price target on Toronto-Dominion Bank from C$60.00 to C$61.00 in a report on Friday, August 26th. Finally, Bank of America Corp. upped their price target on Toronto-Dominion Bank from C$60.00 to C$62.00 in a report on Friday, August 26th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the stock. Toronto-Dominion Bank currently has a consensus rating of “Buy” and a consensus target price of C$61.86.
Toronto-Dominion Bank (TSE:TD) traded up 0.26% on Wednesday, reaching $57.75. The company’s stock had a trading volume of 668,571 shares. Toronto-Dominion Bank has a 12 month low of $48.52 and a 12 month high of $59.10. The firm has a market cap of $107.11 billion and a price-to-earnings ratio of 13.04. The firm has a 50 day moving average of $57.44 and a 200 day moving average of $56.38.
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About Toronto-Dominion Bank
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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