Toronto-Dominion Bank (TSE:TD) Given New C$128.00 Price Target at Jefferies Financial Group

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target lowered by Jefferies Financial Group from C$130.00 to C$128.00 in a research note issued to investors on Wednesday morning,BayStreet.CA reports.

Several other research firms have also recently weighed in on TD. Canaccord Genuity Group boosted their price objective on shares of Toronto-Dominion Bank from C$122.00 to C$126.00 in a research report on Friday, December 5th. Natl Bk Canada upgraded Toronto-Dominion Bank from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 17th. Canadian Imperial Bank of Commerce upped their price target on Toronto-Dominion Bank from C$122.00 to C$129.00 and gave the company an “outperform” rating in a research note on Thursday, December 11th. Royal Bank Of Canada lifted their price objective on Toronto-Dominion Bank from C$128.00 to C$133.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Finally, Scotiabank boosted their price objective on Toronto-Dominion Bank from C$125.00 to C$132.00 in a report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Toronto-Dominion Bank presently has a consensus rating of “Moderate Buy” and a consensus target price of C$129.50.

Toronto-Dominion Bank Stock Down 1.2%

Toronto-Dominion Bank stock opened at C$132.07 on Wednesday. The stock has a 50-day simple moving average of C$128.86 and a 200 day simple moving average of C$115.95. The stock has a market capitalization of C$221.45 billion, a price-to-earnings ratio of 11.42, a P/E/G ratio of 1.22 and a beta of 1.00. Toronto-Dominion Bank has a 12-month low of C$78.06 and a 12-month high of C$134.50.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last issued its quarterly earnings data on Thursday, December 4th. The company reported C$2.18 EPS for the quarter. Toronto-Dominion Bank had a net margin of 15.80% and a return on equity of 7.84%. The firm had revenue of C$16.03 billion for the quarter. As a group, sell-side analysts anticipate that Toronto-Dominion Bank will post 7.2160149 EPS for the current year.

About Toronto-Dominion Bank

Toronto-Dominion is one of Canada’s two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank’s U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.