Toronto-Dominion Bank (TSE:TD) Price Target Raised to C$90.00 at UBS Group

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price objective lifted by stock analysts at UBS Group from C$83.00 to C$90.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. UBS Group’s target price would suggest a potential upside of 5.72% from the company’s current price.

A number of other research analysts have also commented on the company. Desjardins lowered Toronto-Dominion Bank from a “moderate buy” rating to a “hold” rating in a research note on Thursday, December 5th. Scotiabank increased their target price on Toronto-Dominion Bank from C$81.00 to C$83.00 and gave the stock a “sector perform” rating in a report on Wednesday. Royal Bank of Canada increased their target price on Toronto-Dominion Bank from C$77.00 to C$86.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 8th. Jefferies Financial Group upgraded Toronto-Dominion Bank from a “hold” rating to a “buy” rating and raised their price target for the company from C$82.00 to C$90.00 in a report on Thursday, December 12th. Finally, CIBC reduced their target price on Toronto-Dominion Bank from C$93.00 to C$90.00 in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of C$87.67.

Toronto-Dominion Bank Trading Up 0.0 %

Toronto-Dominion Bank stock traded up C$0.04 during trading hours on Friday, reaching C$85.13. 888,262 shares of the company were exchanged, compared to its average volume of 9,649,588. Toronto-Dominion Bank has a 12 month low of C$73.22 and a 12 month high of C$87.99. The firm has a market cap of C$149.35 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 1.22 and a beta of 0.82. The stock has a 50-day moving average of C$79.28 and a 200 day moving average of C$80.22.

About Toronto-Dominion Bank

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.