Will Toronto-Dominion Bank Go Down Anytime Soon?

 Will Toronto Dominion Bank Go Down Anytime Soon?

The stock of Toronto-Dominion Bank (TSE:TD) is a huge mover today! About 300,981 shares traded hands. Toronto-Dominion Bank (TSE:TD) has risen 14.50% since April 18, 2016 and is uptrending. It has outperformed by 9.95% the S&P500.
The move comes after 6 months positive chart setup for the $119.18 billion company. It was reported on Nov, 22 by Barchart.com. We have $68.14 PT which if reached, will make TSE:TD worth $8.34 billion more.

Toronto-Dominion Bank (TSE:TD) Ratings Coverage

Out of 6 analysts covering Toronto-Dominion Bank (TSE:TD), 4 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 67% are positive. $69 is the highest target while $44 is the lowest. The $61.58 average target is -3.30% below today’s ($63.68) stock price. Toronto-Dominion Bank has been the topic of 26 analyst reports since August 29, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Canaccord Genuity on Wednesday, December 9. The company was maintained on Wednesday, November 2 by RBC Capital Markets. Dundee Securities maintained Toronto-Dominion Bank (TSE:TD) rating on Wednesday, September 21. Dundee Securities has “Buy” rating and $65 price target. Scotia Capital maintained Toronto-Dominion Bank (TSE:TD) rating on Tuesday, October 25. Scotia Capital has “Sector Perform” rating and $60 price target. The firm earned “Outperform” rating on Tuesday, October 25 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, May 27 report.

More notable recent Toronto-Dominion Bank (TSE:TD) news were published by: Business.Financialpost.com which released: “Toronto-Dominion Bank raising rates, variable rate mortgage customers to face …” on November 01, 2016, also Bloomberg.com with their article: “TD Ameritrade, TD Bank Said Near $4 Billion Scottrade Deal” published on October 23, 2016, Seekingalpha.com published: “Toronto Dominion Bank: Another Nice Deal, But In A Roundabout Way” on October 27, 2016. More interesting news about Toronto-Dominion Bank (TSE:TD) were released by: Fool.ca and their article: “Toronto-Dominion Bank: The Right Time to Buy?” published on October 31, 2016 as well as Prnewswire.com‘s news article titled: “TD Bank Invests in Affordable Housing for Seniors and Homeless Veterans with …” with publication date: November 14, 2016.

The Toronto-Dominion Bank operates as a bank in North America. The company has a market cap of $119.18 billion. The Bank is an online financial services firm, with over 10.2 million online and mobile customers. It has a 14.36 P/E ratio. The Company’s divisions include Canadian Retail, U.S.

TD.TO 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.

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