Toronto-Dominion Bank (TSE:TD) Price Target Lowered to C$80.00 at National Bankshares

Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD had its price objective reduced by National Bankshares from C$85.00 to C$80.00 in a report released on Friday,BayStreet.CA reports. National Bankshares' price target would indicate a potential upside of 8.83% from the company's previous close.

Several other research firms have also issued reports on TD. Canaccord Genuity Group dropped their price objective on Toronto-Dominion Bank from C$91.50 to C$89.00 in a research note on Tuesday, November 19th. Jefferies Financial Group increased their target price on shares of Toronto-Dominion Bank from C$73.00 to C$82.00 and gave the stock a "hold" rating in a research report on Monday, August 12th. Cormark reduced their price target on shares of Toronto-Dominion Bank from C$93.00 to C$91.00 in a research report on Friday, October 11th. Barclays cut shares of Toronto-Dominion Bank from a "hold" rating to a "strong sell" rating in a research note on Thursday, November 21st. Finally, Scotiabank cut shares of Toronto-Dominion Bank from an "outperform" rating to a "sector perform" rating and cut their target price for the company from C$98.00 to C$81.00 in a research note on Friday. One analyst has rated the stock with a sell rating, eight have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of C$86.00.

Toronto-Dominion Bank Stock Performance

Shares of TD stock traded down C$0.51 during trading hours on Friday, hitting C$73.51. The company had a trading volume of 9,313,455 shares, compared to its average volume of 7,415,022. Toronto-Dominion Bank has a 12 month low of C$73.22 and a 12 month high of C$87.99. The firm's fifty day moving average is C$80.01 and its 200 day moving average is C$79.19. The firm has a market capitalization of C$128.64 billion, a price-to-earnings ratio of 17.02, a PEG ratio of 1.22 and a beta of 0.82.

Toronto-Dominion Bank Company Profile

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking.