Toronto-Dominion Bank (TSE:TD) PT Set at C$119.00 by Raymond James Financial

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) received a C$119.00 target price from analysts at Raymond James Financial in a report released on Tuesday,BayStreet.CA reports. The firm currently has a “market perform” rating on the stock. Raymond James Financial’s price target points to a potential upside of 1.58% from the stock’s current price.

Other equities analysts have also recently issued reports about the company. CIBC raised their target price on Toronto-Dominion Bank from C$112.00 to C$122.00 in a report on Wednesday, November 19th. Royal Bank Of Canada upgraded Toronto-Dominion Bank from a “hold” rating to a “moderate buy” rating and upped their price target for the stock from C$93.00 to C$120.00 in a research report on Friday, October 3rd. Desjardins boosted their price objective on Toronto-Dominion Bank from C$107.00 to C$110.00 and gave the company a “buy” rating in a research note on Friday, August 29th. National Bankshares set a C$100.00 target price on shares of Toronto-Dominion Bank and gave the stock a “sector perform” rating in a report on Monday, September 22nd. Finally, BMO Capital Markets lifted their price target on shares of Toronto-Dominion Bank from C$102.00 to C$107.00 in a report on Tuesday, September 30th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Toronto-Dominion Bank has a consensus rating of “Hold” and a consensus target price of C$109.46.

Toronto-Dominion Bank Trading Up 1.0%

Shares of TSE TD opened at C$117.15 on Tuesday. Toronto-Dominion Bank has a 12-month low of C$73.22 and a 12-month high of C$117.33. The firm has a market capitalization of C$200.00 billion, a price-to-earnings ratio of 10.03, a price-to-earnings-growth ratio of 1.22 and a beta of 0.96. The firm has a 50 day moving average of C$112.86 and a 200 day moving average of C$104.15.

Insider Activity

In other Toronto-Dominion Bank news, insider Ajai Bambawale sold 7,328 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of C$112.07, for a total transaction of C$821,248.96. Following the completion of the transaction, the insider owned 800 shares in the company, valued at C$89,656. This trade represents a 90.16% decrease in their ownership of the stock. Also, Director Nathalie Palladitcheff acquired 1,000 shares of Toronto-Dominion Bank stock in a transaction on Monday, October 6th. The shares were bought at an average cost of C$112.64 per share, for a total transaction of C$112,640.00. Following the completion of the purchase, the director directly owned 3,292 shares of the company’s stock, valued at C$370,810.88. The trade was a 43.63% increase in their ownership of the stock. Insiders sold 84,384 shares of company stock worth $9,456,915 over the last ninety days. Insiders own 0.08% of the company’s stock.

Toronto-Dominion Bank Company Profile

Toronto-Dominion is one of Canada’s two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank’s U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.