Toronto-Dominion Bank (TD) PT Raised to C$78.00 at Canaccord Genuity
Other equities analysts have also recently issued research reports about the company. Keefe, Bruyette & Woods raised their price target on Toronto-Dominion Bank from C$68.00 to C$70.00 in a report on Friday, September 1st. Scotiabank raised their price target on Toronto-Dominion Bank from C$71.00 to C$73.00 and gave the company an outperform rating in a report on Monday, August 21st. National Bank Financial upgraded Toronto-Dominion Bank from a sector perform rating to an outperform rating and raised their price target for the company from C$69.00 to C$74.00 in a report on Thursday, August 31st. TD Securities raised their price target on Toronto-Dominion Bank from C$75.00 to C$77.00 and gave the company a buy rating in a report on Friday, September 1st. Finally, CIBC lifted their target price on Toronto-Dominion Bank from C$71.00 to C$73.00 in a report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of C$73.31.
Toronto-Dominion Bank (TSE TD) opened at C$73.28 on Wednesday. Toronto-Dominion Bank has a 1-year low of C$59.60 and a 1-year high of C$73.69.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Investors of record on Friday, October 6th were issued a dividend of $0.60 per share. The ex-dividend date was Thursday, October 5th. This represents a $2.40 dividend on an annualized basis and a yield of 3.28%. This is a boost from Toronto-Dominion Bank’s previous quarterly dividend of $0.51.
In other Toronto-Dominion Bank news, insider Theresa Lynn Currie sold 2,128 shares of Toronto-Dominion Bank stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of C$66.86, for a total transaction of C$142,278.08.
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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