Toronto-Dominion Bank (TSE:TD) PT Set at C$180.00 by Keefe, Bruyette & Woods

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) received a C$180.00 price objective from analysts at Keefe, Bruyette & Woods in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 11.23% from the stock’s current price.

TD has been the subject of several other reports. National Bank Financial boosted their target price on shares of Toronto-Dominion Bank from C$162.00 to C$190.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. Raymond James Financial boosted their price objective on Toronto-Dominion Bank from C$155.00 to C$180.00 and gave the stock an “outperform” rating in a report on Wednesday, August 12th. Jefferies Financial Group raised their target price on Toronto-Dominion Bank from C$151.00 to C$159.00 in a report on Thursday, August 13th. Canaccord Genuity Group lifted their target price on Toronto-Dominion Bank from C$169.00 to C$185.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Finally, Barclays upped their price target on Toronto-Dominion Bank from C$135.00 to C$140.00 and gave the stock an “underweight” rating in a report on Friday, May 29th. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$164.15.

Toronto-Dominion Bank Stock Performance

Shares of TSE TD traded up C$0.41 during midday trading on Friday, hitting C$161.83. 974,955 shares of the stock traded hands, compared to its average volume of 5,589,391. Toronto-Dominion Bank has a one year low of C$100.01 and a one year high of C$175.33. The business has a 50 day moving average price of C$169.48 and a two-hundred day moving average price of C$150.23. The company has a market cap of C$267.35 billion, a PE ratio of 18.99, a P/E/G ratio of 1.22 and a beta of 0.88.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last posted its quarterly earnings results on Thursday, May 28th. The company reported C$2.38 earnings per share (EPS) for the quarter. The business had revenue of C$16.04 billion during the quarter. Toronto-Dominion Bank had a net margin of 13.21% and a return on equity of 11.85%. As a group, equities research analysts forecast that Toronto-Dominion Bank will post 7.2160149 EPS for the current fiscal year.

Insider Activity

In other news, insider Paul Martyn Clark sold 27,649 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of C$161.22, for a total transaction of C$4,457,571.78. Following the completion of the transaction, the insider directly owned 260 shares of the company’s stock, valued at C$41,917.20. This represents a 99.07% decrease in their position. Also, insider Kelvin Vi Luan Tran sold 8,498 shares of Toronto-Dominion Bank stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of C$156.61, for a total transaction of C$1,330,871.78. Following the completion of the sale, the insider directly owned 26,677 shares in the company, valued at C$4,177,884.97. This trade represents a 24.16% decrease in their position. Insiders own 0.08% of the company’s stock.

Toronto-Dominion Bank Company Profile

TD Asset Management Inc (‘TDAM’), a member of TD Bank Group, is a Canadian investment management firm with a growing global presence. Bringing together three decades of investment experience, our broad selection of strategies and solutions includes fundamental equities, quantitative and passive equities, fixed income across the credit quality spectrum and alternatives, such as private credit, infrastructure and real estate. TDAM offers institutional investment solutions to corporations, pension funds, endowments and foundations, sovereign wealth funds and superannuation funds, among others.