National Bankshares Lowers Toronto-Dominion Bank (TSE:TD) Price Target to C$80.00

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price objective lowered by investment analysts at National Bankshares from C$85.00 to C$80.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. National Bankshares’ price target indicates a potential upside of 8.83% from the stock’s current price.

TD has been the topic of several other research reports. Cormark decreased their price objective on Toronto-Dominion Bank from C$93.00 to C$91.00 in a report on Friday, October 11th. Jefferies Financial Group raised their price objective on Toronto-Dominion Bank from C$73.00 to C$82.00 and gave the stock a “hold” rating in a report on Monday, August 12th. Royal Bank of Canada cut Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from C$88.00 to C$82.00 in a report on Friday, October 11th. Desjardins cut their target price on Toronto-Dominion Bank from C$91.00 to C$90.00 and set a “buy” rating on the stock in a research report on Friday, August 23rd. Finally, National Bank Financial raised Toronto-Dominion Bank from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 22nd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Toronto-Dominion Bank presently has an average rating of “Hold” and a consensus price target of C$86.00.

Toronto-Dominion Bank Stock Performance

Shares of TSE:TD opened at C$73.51 on Friday. Toronto-Dominion Bank has a one year low of C$73.22 and a one year high of C$87.99. The business’s fifty day moving average price is C$80.01 and its two-hundred day moving average price is C$79.19. The stock has a market cap of C$128.64 billion, a PE ratio of 17.02, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82.

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.