Toronto-Dominion Bank (TD) Given Average Rating of “Hold” by Brokerages
Toronto-Dominion Bank (TSE:TD) (NYSE:TD) has earned a consensus recommendation of “Hold” from the fourteen analysts that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$69.23.
A number of research analysts recently commented on TD shares. Keefe, Bruyette & Woods increased their price target on Toronto-Dominion Bank from C$66.00 to C$68.00 in a report on Monday, March 6th. Scotiabank increased their price target on Toronto-Dominion Bank from C$70.00 to C$71.00 and gave the company a “sector perform” rating in a report on Friday, May 26th. Royal Bank Of Canada increased their price target on Toronto-Dominion Bank from C$68.00 to C$70.00 and gave the company a “sector perform” rating in a report on Friday, May 26th. Finally, National Bank Financial downgraded Toronto-Dominion Bank from an “outperform overweight” rating to a “sector perform overweight” rating in a report on Sunday, March 12th.
Shares of Toronto-Dominion Bank (TSE TD) traded down 0.18% during midday trading on Monday, hitting $65.35.
Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last issued its quarterly earnings results on Thursday, May 25th. The company reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.10. The firm had revenue of $8.47 billion during the quarter, compared to the consensus estimate of $8.54 billion. Toronto-Dominion Bank had a return on equity of 14.16% and a net margin of 28.23%. On average, equities analysts predict that Toronto-Dominion Bank will post $5.37 EPS for the current year.
TRADEMARK VIOLATION WARNING: “Toronto-Dominion Bank (TD) Given Average Rating of “Hold” by Brokerages” was posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States and international copyright & trademark law. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/07/03/toronto-dominion-bank-td-given-average-rating-of-hold-by-brokerages.html.
About Toronto-Dominion Bank
Toronto-Dominion Bank (the Bank) is a Canada-based bank, which operates in the North America. It is an online financial services firm, with over 10.2 million online and mobile customers. Its segments include Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. The Canadian Retail segment provides a range of financial products and services to customers in the Canadian personal and commercial banking 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.