BMO Capital Markets Boosts Toronto-Dominion Bank (TD) Price Target to C$79.00
Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its target price upped by stock analysts at BMO Capital Markets from C$76.00 to C$79.00 in a note issued to investors on Monday. BMO Capital Markets’ target price suggests a potential upside of 10.21% from the company’s current price.
A number of other equities research analysts have also weighed in on the stock. CIBC raised shares of Toronto-Dominion Bank from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from C$79.00 to C$84.00 in a report on Thursday, February 1st. CSFB boosted their price objective on shares of Toronto-Dominion Bank from C$79.00 to C$80.00 in a report on Tuesday, January 30th. National Bank Financial boosted their price objective on shares of Toronto-Dominion Bank from C$78.00 to C$80.00 and gave the company an “outperform” rating in a report on Tuesday, January 30th. Royal Bank of Canada boosted their price objective on shares of Toronto-Dominion Bank from C$72.00 to C$78.00 and gave the company a “sector perform” rating in a report on Friday, December 1st. Finally, Eight Capital boosted their price objective on shares of Toronto-Dominion Bank from C$73.00 to C$76.00 in a report on Friday, December 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of C$76.83.
Toronto-Dominion Bank (TSE:TD) opened at C$71.68 on Monday. Toronto-Dominion Bank has a 1-year low of C$61.50 and a 1-year high of C$75.21. The stock has a market cap of $132,070.00, a price-to-earnings ratio of 13.06 and a beta of 0.55.
In related news, insider Theresa Lynn Currie sold 59,560 shares of the company’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of C$72.64, for a total transaction of C$4,326,438.40. Also, insider Robert E. Dorrance sold 374,400 shares of the company’s stock in a transaction dated 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.
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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