These stocks aren’t the screaming bargains they were back in say, February, but they still offer solid value. Deutsche Bank AG now owns 2,646,788 shares of the company’s stock worth $103,672,000 after buying an additional 1,987,157 shares during the last quarter. Take Toronto-Dominion, Canada’s second-largest bank by assets, which has a forward price-to-earnings ratio of 11.4. 5 Analysts reported that the Price Target for Toronto Dominion Bank (The) might touch $50.02 high while the Average Price Target and Low price Target is $47.26 and $45.41 respectively.
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While looking at the Stock’s Performance, Toronto Dominion Bank (The) now shows a Weekly Performance of -0.11%, where Monthly Performance is 1.87%, Quarterly performance is 0.79%, 6 Months performance is 16.38% and yearly performance percentage is 15.22%.
06/02/2016 – Toronto Dominion Bank (The) had its “buy” rating reiterated by analysts at Citigroup.
12/04/2015 – Toronto Dominion Bank (The) had its “outperform” rating reiterated by analysts at Macquarie. Zacks Investment Research cut The Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a research report on Wednesday, May 11th. Such mean rating is based on a simplified scale of 1-5, where number one denotes a Strong Buy and number five is a Strong Sell.
Shares of The Toronto-Dominion Bank (NYSE:TD) opened at 44.11 on Monday. The Toronto-Dominion Bank has a 52 week low of $33.49 and a 52 week high of $45.74.
Wells Fargo & Company, Bank of America and Goldman Sachs Group, for example, are all down between 3% and 8% since January 1, while JPMorgan Chase, one of the stronger performers, has gained just 2% – still well shy of the S&P 500’s 6.5% rise.
The Toronto-Dominion Bank (NYSE:TD), from Financial sector has been performing well. The Toronto-Dominion Bank now has an average rating of “Buy” and an average target price of $52.88.
Momentum traders often study the price swings of a stock and draw opinion that the stock will move in a particular direction, yielding a profitable trade. However the company’s price to cash per share for most recent quarter stands at 0.47. The company has a market cap of $15.90 billion and a PE ratio of 13.85. During the same period previous year, the business earned $1.20 EPS. Desjardins analyst D. Young now forecasts that the firm will post earnings per share of $3.73 for the year, up from their previous forecast of $3.47. The business’s quarterly revenue was up 8.7% compared to the same quarter a year ago.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 31st. Shareholders of record on Monday, June 20th were given a dividend of $0.55 per share. Toronto-Dominion Bank makes up approx 0.18% of World Asset Management Inc’s portfolio. The ex-dividend date of this dividend is Wednesday, October 5th.
The Relative Volume of the company is 1.14 and Average Volume (3 months) is 1.41 million. The Bank divides its activities into three segments: Canadian Retail, U.S. Retail and Wholesale Banking.
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National Bank of Canada (the Bank) is an integrated provider of financial services to retail, commercial, corporate and institutional clients. U.S. Retail consists of the Bank’s retail and commercial banking operations operating under the brand TD Bank America’s Most Convenient Bank and wealth management services in the United States.
