CSFB Reiterates “Outperform” Rating for Toronto-Dominion Bank (TD)
Toronto-Dominion Bank (TSE:TD) (NYSE:TD)‘s stock had its “outperform” rating restated by stock analysts at CSFB in a research report issued to clients and investors on Tuesday. They presently have a C$69.00 price objective on the stock. CSFB’s price target indicates a potential upside of 10.58% from the stock’s current price.
Other research analysts also recently issued reports about the company. National Bank Financial increased their target price on Toronto-Dominion Bank from C$60.00 to C$61.00 in a research report on Friday, August 26th. Keefe, Bruyette & Woods increased their price target on Toronto-Dominion Bank from C$56.00 to C$57.00 in a report on Thursday, August 18th. Bank of America Corp. increased their price target on Toronto-Dominion Bank from C$60.00 to C$62.00 in a report on Friday, August 26th. CIBC increased their price target on Toronto-Dominion Bank from C$60.00 to C$61.00 in a report on Friday, September 2nd. Finally, Desjardins increased their price target on Toronto-Dominion Bank from C$59.00 to C$63.00 in a report on Monday. One investment 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. Toronto-Dominion Bank presently has a consensus rating of “Buy” and a consensus target price of C$62.29.
Shares of Toronto-Dominion Bank (TSE:TD) opened at 62.40 on Tuesday. Toronto-Dominion Bank has a one year low of $61.92 and a one year high of $63.27. The stock’s 50 day moving average is $59.68 and its 200-day moving average is $57.53. The company has a market cap of $115.74 billion and a PE ratio of 14.09.
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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