BMO Capital Markets Raises Toronto-Dominion Bank (TSE:TD) Price Target to C$74.00

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target hoisted by BMO Capital Markets from C$72.00 to C$74.00 in a research note issued to investors on Friday, September 1st. BMO Capital Markets currently has an outperform rating on the stock.

TD has been the topic of several other reports. Barclays PLC increased their target price on Toronto-Dominion Bank from C$69.00 to C$70.00 in a research report on Friday, August 11th. Royal Bank Of Canada raised their price objective on Toronto-Dominion Bank from C$68.00 to C$70.00 and gave the stock a sector perform rating in a report on Friday, May 26th. Finally, Scotiabank increased their target price on Toronto-Dominion Bank from C$70.00 to C$71.00 and gave the company a sector perform rating in a research note on Friday, May 26th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of C$73.00.

Shares of Toronto-Dominion Bank (TSE TD) opened at 67.45 on Friday. Toronto-Dominion Bank has a 52-week low of $57.06 and a 52-week high of $71.31. The stock has a market capitalization of $124.34 billion and a PE ratio of 13.33. The stock has a 50 day moving average of $65.10 and a 200 day moving average of $65.34.

COPYRIGHT VIOLATION WARNING: “BMO Capital Markets Raises Toronto-Dominion Bank (TSE:TD) Price Target to C$74.00” was published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & international copyright law. The original version of this news story can be viewed at https://stocknewstimes.com/2017/09/16/toronto-dominion-bank-td-price-target-raised-to-c74-00-2.html.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Friday, October 6th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.56%. This is a boost from Toronto-Dominion Bank’s previous quarterly dividend of $0.51. The ex-dividend date is Thursday, October 5th.

In other news, insider Theresa Lynn Currie sold 2,128 shares of Toronto-Dominion Bank stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of C$66.86, for a total transaction of C$142,278.08.

Toronto-Dominion Bank Company Profile

Toronto-Dominion Bank (the Bank) is a Canada-based bank, which operates in the North America. It is an online financial services firm, with over 10.2 million online and mobile customers. Its segments include Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. The Canadian Retail segment provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses.

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




Receive News & Ratings for Toronto-Dominion Bank Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Toronto-Dominion Bank and related companies with MarketBeat.com’s FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

1 × 5 =