Short Term Rating on Toronto Dominion Bank (The) (TD)

Toronto Dominion Bank (The) (TD) : 5 analysts are covering Toronto Dominion Bank (The) (TD) and their average rating on the stock is 2.2, which is read as a Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Toronto Dominion Bank (The) (TD) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 1, which recommends a Strong Buy affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Toronto Dominion Bank (The) (TD) : Currently there are 6 street experts covering Toronto Dominion Bank (The) (TD) stock. The most bullish and bearish price target for the stock is $61 and $41 respectively for the short term. The average price target of all the analysts comes to $48.14. The estimated standard deviation from the target is $6.77.

For the current week, the company shares have a recommendation consensus of Buy.


Toronto Dominion Bank (The) (NYSE:TD): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $42.89 and $42.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.36. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.20, notching a gain of 2.06% for the day. The total traded volume was 1,579,223 . The stock had closed at $42.33 on the previous day.

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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