Toronto-Dominion Bank (TSE:TD) PT Set at C$104.14 by Fundamental Research

Fundamental Research set a C$104.14 price objective on Toronto-Dominion Bank (TSE:TD – Get Rating) (NYSE:TD) in a report released on Tuesday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other analysts also recently weighed in on the company. National Bankshares increased their price target on Toronto-Dominion Bank from C$100.00 to C$102.00 in a report on Wednesday, February 22nd. BMO Capital Markets reduced their target price on Toronto-Dominion Bank from C$98.00 to C$93.00 in a research note on Friday, March 3rd. CSFB reduced their target price on Toronto-Dominion Bank from C$97.00 to C$94.00 in a research note on Friday, March 3rd. Canaccord Genuity Group upgraded Toronto-Dominion Bank from a hold rating to a buy rating and raised their target price for the company from C$95.00 to C$103.00 in a research note on Friday, December 2nd. Finally, Keefe, Bruyette & Woods raised their price target on shares of Toronto-Dominion Bank from C$102.00 to C$106.00 in a research report on Friday, December 2nd. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of Moderate Buy and an average price target of C$100.38.

Toronto-Dominion Bank Trading Up 0.1 %

Shares of Toronto-Dominion Bank stock opened at C$81.00 on Tuesday. The business has a 50-day moving average price of C$89.67 and a two-hundred day moving average price of C$88.13. Toronto-Dominion Bank has a 1-year low of C$77.27 and a 1-year high of C$104.00. The company has a market cap of C$148.23 billion, a P/E ratio of 10.01, a PEG ratio of 1.06 and a beta of 0.83.

Toronto-Dominion Bank Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, April 30th. Shareholders of record on Thursday, April 6th will be issued a dividend of $0.96 per share. The ex-dividend date of this dividend is Wednesday, April 5th. This represents a $3.84 dividend on an annualized basis and a yield of 4.74%. Toronto-Dominion Bank’s payout ratio is 47.47%.

Insider Transactions at Toronto-Dominion Bank

In other Toronto-Dominion Bank news, Director Mark Russell Chauvin sold 42,576 shares of the firm’s stock in a transaction dated Friday, January 13th. The stock was sold at an average price of C$88.45, for a total value of C$3,765,847.20. Following the completion of the transaction, the director now owns 185,780 shares in the company, valued at approximately C$16,432,241. Corporate insiders own 0.09% of the company’s stock.

Toronto-Dominion Bank Company Profile

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The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking segments. The company offers personal deposits, such as checking, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases.