Toronto-Dominion Bank (TSE:TD – Get Free Report) (NYSE:TD) had its price target dropped by Scotiabank from C$87.00 to C$86.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. Scotiabank’s price objective points to a potential upside of 6.29% from the company’s current price.
TD has been the subject of a number of other research reports. Jefferies Financial Group boosted their price target on Toronto-Dominion Bank from C$73.00 to C$82.00 and gave the stock a “hold” rating in a report on Monday, August 12th. Canaccord Genuity Group upped their target price on Toronto-Dominion Bank from C$91.00 to C$93.50 and gave the stock a “buy” rating in a report on Friday, May 24th. National Bank Financial cut Toronto-Dominion Bank from a “hold” rating to a “strong sell” rating in a report on Thursday, May 23rd. Desjardins lowered their target price on Toronto-Dominion Bank from C$93.00 to C$91.00 and set a “buy” rating for the company in a report on Friday, May 24th. Finally, BMO Capital Markets lowered their target price on Toronto-Dominion Bank from C$86.00 to C$84.00 and set a “market perform” rating for the company in a report on Friday, May 24th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$86.90.
View Our Latest Stock Report on TD
Toronto-Dominion Bank Stock Performance
Toronto-Dominion Bank (TSE:TD – Get Free Report) (NYSE:TD) last posted its quarterly earnings results on Thursday, May 23rd. The company reported C$2.04 EPS for the quarter, topping analysts’ consensus estimates of C$1.84 by C$0.20. Toronto-Dominion Bank had a return on equity of 9.89% and a net margin of 21.91%. The company had revenue of C$13.82 billion during the quarter, compared to analysts’ expectations of C$13.38 billion. On average, research analysts forecast that Toronto-Dominion Bank will post 8.3985432 earnings per share for the current year.
Toronto-Dominion Bank Company Profile
The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking.
Read More
- Five stocks we like better than Toronto-Dominion Bank
- Quiet Period Expirations Explained
- Columbia Sportswear: A Turnaround Story That’s Gaining Ground
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Lowe’s Stock: Hold Now, Buy it When it Dips
- What is the Dogs of the Dow Strategy? Overview and Examples
- ZIM Shipping Stock Soars as the Industry Shows a Bottoming Trend
Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.