Toronto-Dominion Bank (TD) Price Target Raised to C$74.00 at Canaccord Genuity
A number of other research analysts have also recently commented on TD. Scotiabank increased their price target on shares of Toronto-Dominion Bank from C$70.00 to C$71.00 and gave the company a sector perform rating in a research report on Friday, May 26th. Royal Bank Of Canada raised their price target on Toronto-Dominion Bank from C$68.00 to C$70.00 and gave the stock a sector perform rating in a research note on Friday, May 26th. Barclays PLC raised their price target on Toronto-Dominion Bank from C$69.00 to C$70.00 in a research note on Friday, August 11th. Finally, BMO Capital Markets raised their price target on Toronto-Dominion Bank from C$72.00 to C$74.00 and gave the stock an outperform rating in a research note on Friday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the stock. Toronto-Dominion Bank presently has a consensus rating of Buy and an average target price of C$73.00.
Toronto-Dominion Bank (TSE:TD) traded up 0.66% during midday trading on Friday, hitting $67.50. 3,782,371 shares of the stock were exchanged. The company’s 50 day moving average is $64.65 and its 200 day moving average is $65.51. Toronto-Dominion Bank has a 1-year low of $56.93 and a 1-year high of $71.31. The company has a market capitalization of $124.43 billion and a P/E ratio of 13.34.
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About Toronto-Dominion Bank
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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