Toronto-Dominion Bank (TD) Receives Average Rating of “Hold” from Brokerages

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) has been given an average recommendation of “Hold” by the fourteen analysts that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$69.23.

A number of research analysts have recently commented on the stock. Royal Bank Of Canada boosted their target price on shares of Toronto-Dominion Bank from C$68.00 to C$70.00 and gave the stock a “sector perform” rating in a research report on Friday, May 26th. Scotiabank boosted their target price on shares of Toronto-Dominion Bank from C$70.00 to C$71.00 and gave the stock a “sector perform” rating in a research report on Friday, May 26th.

COPYRIGHT VIOLATION WARNING: “Toronto-Dominion Bank (TD) Receives Average Rating of “Hold” from Brokerages” was first published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this piece on another domain, it was illegally copied and republished in violation of international trademark and copyright legislation. The legal version of this piece can be viewed at https://www.chaffeybreeze.com/2017/07/29/toronto-dominion-bank-td-given-average-rating-of-hold-by-brokerages-updated-updated-updated.html.

Toronto-Dominion Bank (TSE TD) opened at 64.07 on Monday. The stock has a 50 day moving average of $65.16 and a 200 day moving average of $66.03. The firm has a market capitalization of $118.11 billion and a price-to-earnings ratio of 12.66. Toronto-Dominion Bank has a one year low of $55.78 and a one year high of $71.31.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last announced its quarterly earnings results on Thursday, May 25th. The company reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.10. Toronto-Dominion Bank had a net margin of 28.23% and a return on equity of 14.16%. The firm had revenue of $8.47 billion for the quarter, compared to analysts’ expectations of $8.54 billion. Analysts forecast that Toronto-Dominion Bank will post $5.37 earnings per share for the current year.

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)

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.

Latest News

Leave a Reply