Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target raised by investment analysts at Scotiabank from C$73.00 to C$76.00 in a research report issued to clients and investors on Friday. The firm currently has an “outperform” rating on the stock. Scotiabank’s price objective points to a potential upside of 13.33% from the stock’s previous close.

A number of other equities research analysts have also recently commented on TD. National Bank Financial increased their target price on shares of Toronto-Dominion Bank from C$69.00 to C$74.00 and gave the company an “outperform” rating in a research report on Friday. CSFB increased 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 increased their target price on shares of Toronto-Dominion Bank from C$68.00 to C$70.00 in a research report on Friday. CIBC increased their target price on shares of Toronto-Dominion Bank from C$71.00 to C$73.00 in a research report on Friday. Finally, Royal Bank Of Canada increased their target price on shares of Toronto-Dominion Bank from C$70.00 to C$72.00 and gave the company a “sector perform” rating in a research report on Friday. One investment 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 company presently has a consensus rating of “Buy” and an average price target of C$73.00.

Shares of Toronto-Dominion Bank (TSE:TD) traded up 0.46% during trading on Friday, hitting $67.37. 2,666,041 shares of the company’s stock were exchanged. The company has a market cap of $124.19 billion and a P/E ratio of 13.31. The company has a 50-day moving average of $64.59 and a 200-day moving average of $65.52. Toronto-Dominion Bank has a 12-month low of $67.00 and a 12-month high of $67.64.

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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.

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

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