Toronto-Dominion Bank (TSE:TD) Price Target Raised to C$89.00 at Canaccord Genuity Group

Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD had its price target increased by investment analysts at Canaccord Genuity Group from C$87.00 to C$89.00 in a report issued on Monday,BayStreet.CA reports.

Several other equities research analysts have also recently weighed in on TD. National Bankshares decreased their price objective on shares of Toronto-Dominion Bank from C$85.00 to C$80.00 in a research report on Friday, December 6th. National Bank Financial raised Toronto-Dominion Bank from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 22nd. Desjardins lowered Toronto-Dominion Bank from a "moderate buy" rating to a "hold" rating in a research report on Thursday, December 5th. Royal Bank of Canada downgraded Toronto-Dominion Bank from an "outperform" rating to a "sector perform" rating and lowered their target price for the stock from C$88.00 to C$82.00 in a report on Friday, October 11th. Finally, BMO Capital Markets increased their price target on Toronto-Dominion Bank from C$84.00 to C$94.00 in a report on Monday, November 18th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of C$86.83.

Toronto-Dominion Bank Price Performance

The business's 50-day moving average is C$79.01 and its 200-day moving average is C$79.14. Toronto-Dominion Bank has a 1 year low of C$73.22 and a 1 year high of C$87.99. The company has a market capitalization of C$132.44 billion, a P/E ratio of 17.48, a price-to-earnings-growth 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.