Toronto-Dominion Bank (TD) PT Raised to C$85.00 at National Bank Financial
Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target increased by equities research analysts at National Bank Financial from C$83.00 to C$85.00 in a research note issued on Friday, May 24th, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 14.86% from the company’s current price. National Bank Financial also issued estimates for Toronto-Dominion Bank’s Q4 2019 earnings at $1.71 EPS and Q1 2020 earnings at $1.77 EPS.
Other equities analysts have also issued research reports about the stock. CSFB set a C$81.00 price target on shares of Toronto-Dominion Bank and gave the stock an “outperform” rating in a report on Thursday, May 16th. Canaccord Genuity decreased their price target on shares of Toronto-Dominion Bank from C$84.00 to C$82.00 in a report on Wednesday, May 15th. Finally, Desjardins increased their price target on shares of Toronto-Dominion Bank from C$82.00 to C$83.00 in a report on Tuesday, May 14th.
Toronto-Dominion Bank stock traded down C$0.88 during midday trading on Friday, reaching C$74.00. 1,188,331 shares of the stock were exchanged, compared to its average volume of 3,557,968. The firm has a market capitalization of $136.62 billion and a PE ratio of 12.25. Toronto-Dominion Bank has a 52 week low of C$65.56 and a 52 week high of C$80.05.
About Toronto-Dominion Bank
The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and services in Canada and the United States. The company operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. It offers personal deposits, such as checking, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; financing options to customers at point of sale for automotive and recreational vehicle purchases through auto dealer network; credit cards; investing, advice-based, and asset management services to retail and institutional clients; and property and casualty insurance, as well as life and health insurance products.
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