Toronto-Dominion Bank (TSE:TD) Given New C$80.00 Price Target at National Bankshares

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its target price dropped by analysts at National Bankshares from C$85.00 to C$80.00 in a research note issued to investors on Friday,BayStreet.CA reports. National Bankshares’ price target suggests a potential upside of 8.74% from the stock’s current price.

TD has been the subject of several other research reports. Cormark lowered their price target on Toronto-Dominion Bank from C$93.00 to C$91.00 in a report on Friday, October 11th. Desjardins decreased their price target on Toronto-Dominion Bank from C$91.00 to C$90.00 and set a “buy” rating for the company in a report on Friday, August 23rd. BMO Capital Markets upped their price target on Toronto-Dominion Bank from C$84.00 to C$94.00 in a report on Monday, November 18th. National Bank Financial upgraded shares of Toronto-Dominion Bank from a “strong sell” rating to a “hold” rating in a report on Thursday, August 22nd. Finally, Canaccord Genuity Group reduced their price target on Toronto-Dominion Bank from C$91.50 to C$89.00 in a research report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of C$86.00.

Toronto-Dominion Bank Trading Down 0.6 %

Shares of TD stock traded down C$0.45 during trading hours on Friday, reaching C$73.57. 5,469,216 shares of the stock were exchanged, compared to its average volume of 7,397,815. The firm has a market capitalization of C$128.75 billion, a price-to-earnings ratio of 17.03, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82. Toronto-Dominion Bank has a 12-month low of C$73.22 and a 12-month high of C$87.99. The company’s 50-day moving average price is C$80.25 and its 200-day moving average price is C$79.22.

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.