Toronto-Dominion Bank (TSE:TD) Given New C$94.00 Price Target at CIBC

Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD had its price target decreased by equities researchers at CIBC from C$95.00 to C$94.00 in a report issued on Thursday,BayStreet.CA reports. CIBC's price target suggests a potential upside of 1.23% from the company's current price.

Other research analysts also recently issued research reports about the stock. National Bankshares set a C$80.00 price target on shares of Toronto-Dominion Bank and gave the stock a "sector perform" rating in a research note on Thursday. Scotiabank upgraded Toronto-Dominion Bank to a "hold" rating in a report on Wednesday, May 14th. UBS Group lifted their target price on Toronto-Dominion Bank from C$83.00 to C$90.00 in a research report on Friday, February 14th. Finally, Jefferies Financial Group cut Toronto-Dominion Bank from a "buy" rating to a "hold" rating and upped their target price for the stock from C$90.00 to C$99.00 in a report on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of C$88.67.

Toronto-Dominion Bank Stock Performance

Toronto-Dominion Bank stock traded up C$2.96 during mid-day trading on Thursday, hitting C$92.86. The company's stock had a trading volume of 4,392,731 shares, compared to its average volume of 8,247,021. The company has a 50 day moving average of C$85.71 and a 200-day moving average of C$82.26. The stock has a market cap of C$162.91 billion, a PE ratio of 18.40, a P/E/G ratio of 1.22 and a beta of 0.82. Toronto-Dominion Bank has a one year low of C$73.22 and a one year high of C$93.83.

Insider Activity at Toronto-Dominion Bank

In related news, Director Michael A. French sold 9,288 shares of the business's stock in a transaction on Monday, March 17th. The stock was sold at an average price of C$85.25, for a total transaction of C$791,802.00. Also, Director Ana Arsov purchased 3,483 shares of the company's stock in a transaction dated Friday, April 11th. The shares were acquired at an average price of C$80.24 per share, for a total transaction of C$279,475.92. 0.08% of the stock is owned by corporate insiders.

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.

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