Toronto-Dominion Bank (TSE:TD)‘s stock had its “buy” rating reissued by stock analysts at Dundee Securities in a report released on Wednesday. They presently have a C$65.00 target price on the stock. Dundee Securities’ target price suggests a potential upside of 11.61% from the company’s previous close.
TD has been the topic of several other research reports. CIBC upped their price objective on Toronto-Dominion Bank from C$60.00 to C$61.00 in a research note on Friday, September 2nd. Royal Bank Of Canada increased their price target on Toronto-Dominion Bank to C$51.00 in a research report on Saturday, May 28th. TD Securities increased their price target on Toronto-Dominion Bank from C$61.00 to C$64.00 and gave the stock a “buy” rating in a research report on Friday, August 26th. CSFB increased their price target on Toronto-Dominion Bank from C$68.00 to C$69.00 in a research report on Friday, August 26th. Finally, Bank of America Corp. increased their price target on Toronto-Dominion Bank from C$60.00 to C$62.00 in a research report on Friday, August 26th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$61.86.
Toronto-Dominion Bank (TSE:TD) opened at 58.24 on Wednesday. The firm has a market capitalization of $108.02 billion and a PE ratio of 13.15. Toronto-Dominion Bank has a one year low of $48.52 and a one year high of $59.10. The company’s 50-day moving average price is $57.55 and its 200 day moving average price is $56.41.
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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