Toronto-Dominion Bank (TSE:TD) PT Raised to C$80.00

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target raised by equities researchers at CSFB from C$79.00 to C$80.00 in a report released on Tuesday, January 30th. CSFB’s price objective indicates a potential upside of 12.06% from the company’s previous close.

A number of other brokerages also recently issued reports on TD. Canaccord Genuity increased their price target on Toronto-Dominion Bank from C$74.00 to C$78.00 in a research report on Wednesday, November 1st. CIBC increased their price target on Toronto-Dominion Bank from C$73.00 to C$79.00 in a research report on Monday, November 13th. BMO Capital Markets increased their price target on Toronto-Dominion Bank from C$74.00 to C$76.00 in a research report on Friday, December 1st. Eight Capital raised their target price on Toronto-Dominion Bank from C$73.00 to C$76.00 in a report on Friday, December 1st. Finally, National Bank Financial raised their target price on Toronto-Dominion Bank from C$74.00 to C$78.00 and gave the company an “outperform” rating in a report on Friday, December 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of C$76.83.

Shares of Toronto-Dominion Bank (TSE TD) opened at C$71.39 on Tuesday. The stock has a market capitalization of $131,600.00, a P/E ratio of 13.00 and a beta of 0.55. Toronto-Dominion Bank has a 52 week low of C$61.50 and a 52 week high of C$75.21.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last released its quarterly earnings data on Thursday, November 30th. The company reported C$1.36 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.41 by C($0.05). The business had revenue of C$9.27 billion during the quarter, compared to the consensus estimate of C$9.03 billion. Toronto-Dominion Bank had a net margin of 28.14% and a return on equity of 15.43%.

In related news, insider Robert E. Dorrance sold 374,400 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of C$73.69, for a total transaction of C$27,589,536.00. Also, insider Theresa Lynn Currie sold 59,560 shares of Toronto-Dominion Bank stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of C$72.64, for a total value of C$4,326,438.40.

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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.

Analyst Recommendations for Toronto-Dominion Bank (TSE:TD)

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