Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target increased by equities researchers at Canaccord Genuity from C$59.00 to C$63.00 in a note issued to investors on Tuesday. Canaccord Genuity’s price objective would suggest a potential downside of 1.49% from the stock’s current price.

TD has been the topic of several other research reports. Keefe, Bruyette & Woods lifted their price target on Toronto-Dominion Bank from C$56.00 to C$57.00 in a research note on Thursday, August 18th. CIBC lifted their price target on Toronto-Dominion Bank from C$60.00 to C$61.00 in a research note on Friday, September 2nd. Scotiabank reissued a “sector perform” rating and issued a C$60.00 price target on shares of Toronto-Dominion Bank in a research note on Tuesday, October 25th. Bank of America Corp. lifted their price target on Toronto-Dominion Bank from C$60.00 to C$62.00 in a research note on Friday, August 26th. Finally, Desjardins lifted their target price on Toronto-Dominion Bank from C$59.00 to C$63.00 in a research report on Monday, November 14th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company’s stock. Toronto-Dominion Bank currently has a consensus rating of “Buy” and a consensus price target of C$62.71.

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

Shares of Toronto-Dominion Bank (TSE:TD) opened at 63.95 on Tuesday. The company has a market cap of $118.61 billion and a P/E ratio of 14.44. The firm has a 50 day moving average price of $60.49 and a 200-day moving average price of $57.84. Toronto-Dominion Bank has a 12 month low of $63.59 and a 12 month high of $64.20.

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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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