Toronto-Dominion Bank (TD) Given New C$76.00 Price Target at Eight Capital
A number of other brokerages also recently issued reports on TD. National Bank Financial upgraded Toronto-Dominion Bank from a sector perform rating to an outperform rating and increased their price objective for the stock from C$69.00 to C$74.00 in a research report on Thursday, August 31st. BMO Capital Markets raised their price target on Toronto-Dominion Bank from C$72.00 to C$74.00 and gave the company an outperform rating in a research report on Friday, September 1st. Scotiabank raised their price target on Toronto-Dominion Bank from C$71.00 to C$73.00 and gave the company an outperform rating in a research report on Monday, August 21st. Canaccord Genuity raised their price target on Toronto-Dominion Bank from C$74.00 to C$78.00 in a research report on Wednesday, November 1st. Finally, CSFB raised their price target on Toronto-Dominion Bank from C$73.00 to C$75.00 in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of C$75.31.
Shares of Toronto-Dominion Bank (TSE:TD) opened at C$73.40 on Friday. Toronto-Dominion Bank has a 12-month low of C$61.50 and a 12-month high of C$75.09.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 10th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, January 9th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.27%. Toronto-Dominion Bank’s dividend payout ratio (DPR) is currently 41.89%.
ILLEGAL ACTIVITY NOTICE: This news story was originally published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this news story on another site, it was illegally copied and republished in violation of United States and international copyright legislation. The correct version of this news story can be viewed at https://theolympiareport.com/2017/12/05/toronto-dominion-bank-td-given-new-c76-00-price-target-at-eight-capital.html.
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.
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 Analyst Ratings Network's FREE daily email newsletter.