BMO Capital Markets Increases Toronto-Dominion Bank (TD) Price Target to C$76.00
Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target lifted by research analysts at BMO Capital Markets from C$74.00 to C$76.00 in a note issued to investors on Friday, StockTargetPrices.com reports. BMO Capital Markets’ target price would suggest a potential upside of 3.77% from the company’s previous close.
A number of other brokerages have also issued reports on TD. CIBC boosted their price target on shares of Toronto-Dominion Bank from C$73.00 to C$79.00 in a research note on Monday, November 13th. Canaccord Genuity raised their target price on Toronto-Dominion Bank from C$74.00 to C$78.00 in a report on Wednesday, November 1st. National Bank Financial upgraded Toronto-Dominion Bank from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$69.00 to C$74.00 in a research report on Thursday, August 31st. TD Securities lifted their price objective on Toronto-Dominion Bank from C$75.00 to C$77.00 and gave the stock a “buy” rating in a research report on Friday, September 1st. Finally, Scotiabank lifted their price objective on Toronto-Dominion Bank from C$73.00 to C$76.00 and gave the stock an “outperform” rating in a research report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. Toronto-Dominion Bank presently has an average rating of “Buy” and a consensus price target of C$75.31.
Toronto-Dominion Bank (TSE TD) traded down C$1.81 during trading hours on Friday, hitting C$73.24. 8,363,115 shares of the stock were exchanged, compared to its average volume of 3,626,976. Toronto-Dominion Bank has a twelve month low of C$61.50 and a twelve month high of C$75.09.
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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.
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