Desjardins Equities Analysts Increase Earnings Estimates for Toronto-Dominion Bank (TD)
Toronto-Dominion Bank (TSE:TD) (NYSE:TD) – Analysts at Desjardins raised their FY2017 earnings estimates for Toronto-Dominion Bank in a report released on Thursday. Desjardins analyst D. Young now anticipates that the company will earn $5.55 per share for the year, up from their prior forecast of $5.35. Desjardins also issued estimates for Toronto-Dominion Bank’s FY2018 earnings at $5.80 EPS.
A number of other equities research analysts also recently commented on TD. National Bank Financial raised shares of Toronto-Dominion Bank from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from C$69.00 to C$74.00 in a research report on Thursday. CSFB lifted their target price on shares of Toronto-Dominion Bank from C$73.00 to C$75.00 in a research 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 research report on Friday. TD Securities lifted their target price on shares of Toronto-Dominion Bank from C$75.00 to C$77.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Canaccord Genuity lifted their target price on shares of Toronto-Dominion Bank from C$72.00 to C$74.00 in a research report on Friday. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of C$73.00.
COPYRIGHT VIOLATION NOTICE: This piece was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.thecerbatgem.com/2017/09/04/desjardins-equities-analysts-increase-earnings-estimates-for-toronto-dominion-bank-td.html.
Toronto-Dominion Bank (TSE TD) opened at 67.50 on Monday.
Toronto-Dominion Bank Company Profile
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.
Receive News & Stock Ratings for Toronto-Dominion Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toronto-Dominion Bank and related stocks with our FREE daily email newsletter.