The Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD's share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$84.37 and traded as high as C$96.80. Toronto-Dominion Bank shares last traded at C$96.46, with a volume of 5,120,554 shares trading hands.
Wall Street Analysts Forecast Growth
TD has been the subject of several research reports. Scotiabank upgraded shares of Toronto-Dominion Bank to a "hold" rating in a research note on Wednesday, May 14th. Canaccord Genuity Group lifted their price target on Toronto-Dominion Bank from C$80.00 to C$81.00 and gave the stock a "buy" rating in a research report on Monday, June 9th. CIBC boosted their price target on Toronto-Dominion Bank from C$96.00 to C$99.00 and gave the company an "outperform" rating in a research note on Thursday, June 5th. National Bankshares set a C$80.00 price objective on Toronto-Dominion Bank and gave the stock a "sector perform" rating in a research note on Thursday, May 22nd. Finally, Barclays lifted their target price on Toronto-Dominion Bank from C$83.00 to C$91.00 in a report on Monday, June 9th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of C$89.31.
View Our Latest Research Report on TD
Toronto-Dominion Bank Stock Performance
The firm has a market cap of C$170.95 billion, a price-to-earnings ratio of 19.31, a PEG ratio of 1.22 and a beta of 0.82. The business's 50 day moving average price is C$90.55 and its 200 day moving average price is C$84.71.
Toronto-Dominion Bank Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 10th will be issued a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 4.31%. Toronto-Dominion Bank's payout ratio is 80.84%.
Insider Buying and Selling at Toronto-Dominion Bank
In related news, Director Ana Arsov bought 3,000 shares of the business's stock in a transaction dated Wednesday, May 28th. The stock was acquired at an average price of C$94.49 per share, with a total value of C$283,470.00. Also, Director Ajay Kumar Virmani purchased 24,636 shares of the firm's stock in a transaction that occurred on Wednesday, April 9th. The stock was bought at an average cost of C$81.22 per share, for a total transaction of C$2,000,935.92. Over the last three months, insiders have acquired 31,154 shares of company stock valued at $2,567,191 and have sold 75,340 shares valued at $7,137,341. 0.08% of the stock is owned by corporate insiders.
About Toronto-Dominion Bank
(
Get Free Report)
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.
Featured Stories
Before you consider Toronto-Dominion Bank, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Toronto-Dominion Bank wasn't on the list.
While Toronto-Dominion Bank currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
