Toronto-Dominion Bank (TD) Upgraded by National Bank Financial to “Outperform”
National Bank Financial upgraded shares of Toronto-Dominion Bank (TSE:TD) (NYSE:TD) from a sector perform rating to an outperform rating in a report released on Thursday morning. The brokerage currently has C$74.00 price objective on the stock, up from their previous price objective of C$69.00.
TD has been the topic of several other research reports. Royal Bank Of Canada lifted their target price on shares of Toronto-Dominion Bank from C$70.00 to C$72.00 and gave the company a sector perform rating in a report on Friday. Scotiabank lifted their target price on shares of Toronto-Dominion Bank from C$73.00 to C$76.00 and gave the company an outperform rating in a report on Friday. Keefe, Bruyette & Woods lifted their target price on shares of Toronto-Dominion Bank from C$68.00 to C$70.00 in a report on Friday. Barclays PLC lifted their target price on shares of Toronto-Dominion Bank from C$69.00 to C$70.00 in a report on Friday, August 11th. Finally, CIBC lifted their target price on shares of Toronto-Dominion Bank from C$71.00 to C$73.00 in a report on Friday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of C$73.00.
Toronto-Dominion Bank (TD) traded up 0.66% during mid-day trading on Thursday, hitting $67.50. The stock had a trading volume of 3,782,371 shares. The company has a market cap of $124.43 billion and a price-to-earnings ratio of 13.34. The company has a 50 day moving average price of $64.65 and a 200-day moving average price of $65.51. Toronto-Dominion Bank has a one year low of $67.00 and a one year high of $67.64.
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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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