Analyst Rating Update on Toronto Dominion Bank (The) (TD)

Toronto Dominion Bank (The) (NYSE:TD) : Zacks Investment Research ranks Toronto Dominion Bank (The) (NYSE:TD) as 2, which is a Buy recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2.2, which indicates as a Buy.

Toronto Dominion Bank (The) (NYSE:TD) : Average target price received by Toronto Dominion Bank (The) (NYSE:TD) is $48.14 with an expected standard deviation of $6.77. The most aggressive target on the stock is $61, whereas the most downbeat target is $41. 6 financial analysts are currently covering the stock.

For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Credit Suisse upgrades its ratings on Toronto Dominion Bank (The) (NYSE:TD). According to the latest information available, the shares are now rated Outperform by the analysts at the agency. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on May 3, 2016.

Toronto Dominion Bank (The) (NYSE:TD): stock turned positive on Tuesday. Though the stock opened at $42.43, the bulls momentum made the stock top out at $42.54 level for the day. The stock recorded a low of $42.06 and closed the trading day at $42.45, in the green by 1.85%. The total traded volume for the day was 1,828,331. The stock had closed at $41.68 in the previous days trading.

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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