Toronto Dominion Bank (The) (NYSE:TD) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.2 by 5 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, Credit Suisse, upgrades their rating on the shares of Toronto Dominion Bank (The) (NYSE:TD). Credit Suisse has a Outperform rating on the shares. 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) shares are expected to touch $48.14 in the short term. This short term price target has been shared by 6 analysts. However, the standard deviation of short term price estimate has been valued at 6.77. The target price could hit $61 on the higher end and $41 on the lower end.
Toronto Dominion Bank (The) (NYSE:TD) rose 0.8% or 0.35 points on Tuesday and made its way into the gainers of the day. After trading began at $43.91 the stock was seen hitting $44.25 as a peak level and $43.65 as the lowest level. The stock ended up at $44.01. The daily volume was measured at 1,325,518 shares. The 52-week high of the share price is $45.74 and the 52-week low is $33.485. The company has a market cap of $81,573 million.
Shares of The Toronto-Dominion Bank rose by 1.27% in the last five trading days and 2.18% for the last 4 weeks. The Toronto-Dominion Bank is up 4.56% in the last 3-month period. Year-to-Date the stock performance stands at 14.56%.
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.