Credit Suisse Group AG increased their price target on shares of Toronto-Dominion Bank from C$62.00 to C$65.00 and gave the company an “outperform” rating in a report on Tuesday, May 3rd. Toronto-Dominion Bank makes up approx 0.06% of Bremer Trust National Association’s portfolio.Hexavest reduced its stake in TD by selling 22,590 shares or 7.17% in the most recent quarter. After $0.90 actual EPS reported by Toronto-Dominion Bank for the previous quarter, Wall Street now forecasts 3.33% EPS growth.
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Shares of The Toronto-Dominion Bank (NYSE:TD) traded up 0.36% during mid-day trading on Wednesday, reaching $44.42.
Back on 8/27/2015 the company’s estimated EPS value was $0.92 and it reported $0.98 earnings per share (EPS) for the quarter ended on 7/2015. The company has a market cap of $106.64 billion.
Toronto-Dominion Bank closed down -0.29 points or -0.65% at $44.16 with 13,99,244 shares getting traded on Friday. Toronto-Dominion Bank now has an average rating of “Buy” and an average target price of C$58.69. The stock has a market capitalization of $83.24B and it has 1.85B outstanding shares. The simple 20 day moving average stands at 2.56% and the simple 200-day moving average is at 8.83%.
According to Zacks Investment Research, “Toronto Dominion Bank is a Canadian chartered bank and offers a wide range of business and consumer services”. The ex-dividend date of this dividend was Wednesday, July 6th. Toronto-Dominion Bank was Resumed by BofA/Merrill to “Buy” on Jul 12, 2016. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company’s stock. The $58.25 average target is 1.48% above today’s ($57.4) stock price.
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Toronto-Dominion posted a 26 percent increase in its wholesale banking business as underwriting volumes climbed, while profit from Toronto-Dominion’s USA retail operations rose 17 percent when including its stake in the TD Ameritrade Holding Corp. brokerage. U.S. Retail consists of the Banks retail and commercial banking operations operating under the brand TD Bank, Americas Most Convenient Bank, and wealth management services in the United States. Canadian Retail provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses including credit cards auto finance wealth and insurance businesses.
