Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price objective hoisted by research analysts at Desjardins from C$59.00 to C$63.00 in a research report issued to clients and investors on Monday. Desjardins’ price objective would indicate a potential upside of 0.96% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on the stock. National Bank Financial boosted their target price on shares of Toronto-Dominion Bank from C$60.00 to C$61.00 in a report on Friday, August 26th. Keefe, Bruyette & Woods boosted their target price on shares of Toronto-Dominion Bank from C$56.00 to C$57.00 in a report on Thursday, August 18th. Bank of America Corp. boosted their target price on shares of Toronto-Dominion Bank from C$60.00 to C$62.00 in a report on Friday, August 26th. CSFB boosted their target price on shares of Toronto-Dominion Bank from C$68.00 to C$69.00 in a report on Friday, August 26th. Finally, CIBC boosted their target price on shares of Toronto-Dominion Bank from C$60.00 to C$61.00 in a report on Friday, September 2nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of C$62.29.

Analyst Recommendations for Toronto-Dominion Bank (TSE:TD)

Shares of Toronto-Dominion Bank (TSE:TD) opened at 62.40 on Monday. Toronto-Dominion Bank has a 12-month low of $62.33 and a 12-month high of $63.27. The company’s 50 day moving average price is $59.63 and its 200 day moving average price is $57.53. The firm has a market cap of $115.74 billion and a P/E ratio of 14.09.

Toronto-Dominion Bank Company Profile

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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