National Bank Financial Increases Toronto-Dominion Bank (TD) Price Target to C$78.00

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target lifted by investment analysts at National Bank Financial from C$74.00 to C$78.00 in a research report issued to clients and investors on Friday. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price points to a potential upside of 6.38% from the stock’s previous close. National Bank Financial also issued estimates for Toronto-Dominion Bank’s Q2 2018 earnings at $1.39 EPS and FY2019 earnings at $6.34 EPS.

Several other equities analysts have also weighed in on the stock. TD Securities raised their price objective on shares of Toronto-Dominion Bank from C$75.00 to C$77.00 and gave the company a “buy” rating in a research report on Friday, September 1st. CIBC raised their price objective on shares of Toronto-Dominion Bank from C$73.00 to C$79.00 in a research report on Monday, November 13th. Royal Bank Of Canada raised their price objective on shares of Toronto-Dominion Bank from C$70.00 to C$72.00 and gave the company a “sector perform” rating in a research report on Friday, September 1st. Canaccord Genuity raised their price objective on shares of Toronto-Dominion Bank from C$74.00 to C$78.00 in a research report on Wednesday, November 1st. Finally, Scotiabank raised their price objective on shares of Toronto-Dominion Bank from C$73.00 to C$76.00 and gave the company an “outperform” rating in a research report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. Toronto-Dominion Bank currently has a consensus rating of “Buy” and an average target price of C$75.31.

Toronto-Dominion Bank (TSE TD) opened at C$73.32 on Friday. Toronto-Dominion Bank has a 52 week low of C$61.50 and a 52 week high of C$75.09.

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

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About Toronto-Dominion Bank

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.

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