Toronto-Dominion Bank (TSE:TD) PT Lowered to C$76.00

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target reduced by BMO Capital Markets from C$78.00 to C$76.00 in a research report issued on Friday, BayStreet.CA reports. BMO Capital Markets’ price target points to a potential upside of 3.50% from the company’s previous close.

A number of other equities analysts have also recently issued reports on TD. Citigroup cut their target price on shares of Toronto-Dominion Bank from C$90.00 to C$82.00 in a research report on Tuesday, September 10th. CSFB reduced their price target on shares of Toronto-Dominion Bank from C$78.00 to C$76.00 in a report on Wednesday, October 2nd. CIBC lowered their price target on shares of Toronto-Dominion Bank from C$83.00 to C$81.00 in a research report on Thursday, October 3rd. National Bank Financial dropped their price objective on shares of Toronto-Dominion Bank from C$83.00 to C$81.00 and set an “outperform” rating for the company in a research note on Friday. Finally, Scotiabank lifted their price objective on Toronto-Dominion Bank from C$82.00 to C$83.00 in a research report on Wednesday, November 20th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of C$80.45.

Toronto-Dominion Bank stock opened at C$73.43 on Friday. The firm has a market capitalization of $133.58 billion and a PE ratio of 11.67. Toronto-Dominion Bank has a 52 week low of C$65.56 and a 52 week high of C$77.96. The firm’s 50-day simple moving average is C$75.83 and its 200 day simple moving average is C$75.26.

In related news, Senior Officer Frank Joseph Mckenna sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of C$73.50, for a total transaction of C$367,500.00. Also, Senior Officer Ajai Bambawale sold 13,908 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of C$76.90, for a total transaction of C$1,069,525.20.

Toronto-Dominion Bank Company Profile

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

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