Toronto-Dominion Bank (TD) Price Target Raised to C$80.00
Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target raised by stock analysts at Canaccord Genuity from C$78.00 to C$80.00 in a note issued to investors on Friday, StockTargetPrices.com reports. Canaccord Genuity’s price target would suggest a potential upside of 9.23% from the stock’s current price.
Several other research analysts have also recently issued reports on the company. Barclays increased their price objective on Toronto-Dominion Bank from C$69.00 to C$70.00 in a research report on Friday, August 11th. Keefe, Bruyette & Woods lifted their price objective on Toronto-Dominion Bank from C$68.00 to C$70.00 in a research report on Friday, September 1st. CSFB lifted their price objective on Toronto-Dominion Bank from C$73.00 to C$75.00 in a research report on Friday, September 1st. CIBC raised their price target on Toronto-Dominion Bank from C$71.00 to C$73.00 in a research note on Friday, September 1st. Finally, BMO Capital Markets raised their price target on Toronto-Dominion Bank from C$74.00 to C$76.00 in a research note on Friday. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$75.31.
Shares of Toronto-Dominion Bank (TD) traded down C$1.81 during midday trading on Friday, reaching C$73.24. 8,363,115 shares of the company traded hands, compared to its average volume of 3,626,976. Toronto-Dominion Bank has a 12 month low of C$61.50 and a 12 month high of C$75.09.
Toronto-Dominion Bank Company Profile
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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