Toronto-Dominion Bank (TSE:TD) Price Target Raised to C$91.00

Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD had its price target hoisted by investment analysts at Barclays from C$83.00 to C$91.00 in a research note issued to investors on Monday,BayStreet.CA reports. Barclays's target price points to a potential downside of 5.95% from the company's current price.

A number of other analysts also recently weighed in on TD. UBS Group increased their price target on Toronto-Dominion Bank from C$83.00 to C$90.00 in a report on Friday, February 14th. National Bankshares set a C$80.00 price objective on shares of Toronto-Dominion Bank and gave the stock a "sector perform" rating in a research report on Thursday, May 22nd. Jefferies Financial Group cut shares of Toronto-Dominion Bank from a "buy" rating to a "hold" rating and increased their price objective for the stock from C$90.00 to C$99.00 in a research report on Tuesday, February 18th. CIBC increased their price objective on shares of Toronto-Dominion Bank from C$96.00 to C$99.00 and gave the stock an "outperform" rating in a research report on Thursday, June 5th. Finally, Scotiabank raised shares of Toronto-Dominion Bank to a "hold" rating in a research report on Wednesday, May 14th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a 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$89.31.

Toronto-Dominion Bank Price Performance

TSE TD traded up C$0.84 on Monday, reaching C$96.76. The company had a trading volume of 3,699,542 shares, compared to its average volume of 7,806,053. The business has a 50 day moving average of C$88.24 and a two-hundred day moving average of C$83.88. Toronto-Dominion Bank has a fifty-two week low of C$73.22 and a fifty-two week high of C$96.86. The firm has a market cap of C$169.75 billion, a price-to-earnings ratio of 19.17, a P/E/G ratio of 1.22 and a beta of 0.82.

Insider Transactions at Toronto-Dominion Bank

In other Toronto-Dominion Bank news, Director Ana Arsov acquired 3,483 shares of Toronto-Dominion Bank stock in a transaction that occurred on Friday, April 11th. The stock was acquired at an average cost of C$80.24 per share, for a total transaction of C$279,475.92. Also, Director Ajay Kumar Virmani acquired 24,636 shares of Toronto-Dominion Bank stock in a transaction that occurred on Wednesday, April 9th. The stock was acquired at an average price of C$81.22 per share, with a total value of C$2,000,935.92. In the last quarter, insiders purchased 31,154 shares of company stock worth $2,567,191 and sold 84,628 shares worth $7,929,143. 0.08% of the stock is currently owned by company 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.