Analyst Price Target Update on Toronto Dominion Bank (The) (NYSE:TD)

Toronto Dominion Bank (The) (NYSE:TD): The mean estimate for the short term price target for Toronto Dominion Bank (The) (NYSE:TD) stands at $48.14 according to 6 Analysts. The higher price target estimate for the stock has been calculated at $61 while the lower price target estimate is at $41.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Credit Suisse upgrades the rating on Toronto Dominion Bank (The) (NYSE:TD). The brokerage firm has issued a Outperform rating on the shares. The shares were previously rated Neutral. The rating by the firm was issued on May 3, 2016. For the current week, the company shares have a recommendation consensus of Buy.

Toronto Dominion Bank (The) (NYSE:TD) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.34 points or 0.76% at $44.16 with 1,320,590 shares getting traded. Post opening the session at $44.13, the shares hit an intraday low of $44.02 and an intraday high of $44.44 and the price was in this range throughout the day. The company has a market cap of $81,851 million and the number of outstanding shares have been calculated to be 1,853,500,000 shares. The 52-week high of Toronto Dominion Bank (The) (NYSE:TD) is $45.74 and the 52-week low is $33.485.

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank conducts its business through segments, such as Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. 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. 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. Wholesale Banking provides a range of capital markets, investment banking, and corporate banking products and services, including underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and meeting the daily trading, funding and investment needs of its clients. The Bank is also an online financial services firm.

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