Toronto-Dominion Bank on Focus After Bullish Options Activity


 Toronto Dominion Bank on Focus After Bullish Options Activity

In today’s session Toronto-Dominion Bank (TD) registered an unusually high (662) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the April, 2017 call, expecting serious TD increase. With 662 contracts traded and 3784 open interest for the Apr, 17 contract, it seems this is a quite bullish bet. The option with symbol: TD170421C00045000 closed last at: $1.5 or 9.1% down. About 366,039 shares traded hands. Toronto-Dominion Bank (NYSE:TD) has risen 10.57% since March 3, 2016 and is uptrending. It has outperformed by 2.23% the S&P500.

Toronto-Dominion Bank (NYSE:TD) Ratings Coverage

Out of 9 analysts covering TD Bank (NYSE:TD), 5 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 56% are positive. TD Bank has been the topic of 17 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Wednesday, September 14 by Citigroup. The stock of Toronto-Dominion Bank (NYSE:TD) earned “Outperform” rating by BMO Capital Markets on Monday, August 31. The firm earned “Sector Performer” rating on Friday, August 26 by IBC. Credit Suisse upgraded the stock to “Outperform” rating in Tuesday, May 3 report. The firm has “Neutral” rating by Credit Suisse given on Monday, September 21. RBC Capital Markets maintained Toronto-Dominion Bank (NYSE:TD) on Friday, August 28 with “Outperform” rating. Scotia Capital maintained Toronto-Dominion Bank (NYSE:TD) rating on Friday, August 28. Scotia Capital has “Sector Perform” rating and $56 price target.

According to Zacks Investment Research, “Toronto Dominion Bank is a Canadian chartered bank and offers a wide range of business and consumer services. These services include checking and savings accounts, credit cards, mortgage and student loans,trusts, wills, estate planning,investment management services and financial and advisory services.”

The Toronto-Dominion Bank operates as a bank in North America. The company has a market cap of $81.36 billion. The Bank is an online financial services firm, with over 10.2 million online and mobile customers. It has a 13.06 P/E ratio. The Company’s divisions include Canadian Retail, U.S.

TD Company Profile

The Toronto-Dominion Bank (the Bank), incorporated on June 22, 1998, operates as a bank in North America. The Bank is an online financial services firm, with approximately 10.2 million online and mobile customers. The Bank conducts its business through the divisions, which include Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. The Canadian Retail segment provides a range of financial services and products to clients in the Canadian personal and commercial banking businesses. The U.S. Retail segment consists of the Bank’s retail and commercial banking activities operating under the brand TD Bank, and wealth management services in the United States. The Wholesale Banking segment provides a range of capital markets, investment banking, and corporate banking services and products, including underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and meeting the daily trading, funding and investment needs of its clients. The Corporate segment includes the impact of treasury and balance sheet management activities.

More notable recent Toronto-Dominion Bank (NYSE:TD) news were published by: which released: “How These Banking Stocks are Performing? — Toronto-Dominion Bank, TCF …” on October 06, 2016, also with their article: “Ex-Dividend Reminder: Toronto Dominion Bank, American Express and Lincoln …” published on October 03, 2016, published: “Toronto-Dominion Bank Is A Buy” on September 27, 2016. More interesting news about Toronto-Dominion Bank (NYSE:TD) were released by: and their article: “Toronto Dominion Bank Reaches Analyst Target Price” published on September 07, 2016 as well as‘s news article titled: “Should Investors Own Toronto-Dominion Bank?” with publication date: September 28, 2016.

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