Desjardins Believes T.D. Bank (TD) Still Has Room to Grow


T.D. Bank (TSX: TD), the Financial sector company, has received a rating update from a Wall Street analyst yesterday. Analyst Douglas Young from Desjardins rated T.D. Bank (TSX: TD) a Buy, setting a C$85 price target.

Young has an average return of 5.2% when recommending T.D. Bank.

According to TipRanks.com, Young is ranked #495 out of 4850 analysts.

T.D. Bank has an analyst consensus of Moderate Buy, with a price target consensus of C$85.29.

The company has a one-year high of C$77.79 and a one-year low of C$63.13. Currently, T.D. Bank has an average volume of 2.99M.

The Toronto-Dominion Bank engages in providing financial products and services. It operates through the following business segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The Canadian Retail segment offers various financial products and services, as well as telephone, Internet, and mobile banking services.

The company’s shares closed on Thursday at C$77.78, close to its 52-week high of C$77.79.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts