According to The Fly, in a report issued on November 30, Sumit Malhotra from Scotiabank reiterated a Buy rating on Toronto Dominion Bank (TD). The company’s shares closed on Friday at $55.30, close to its 52-week low of $52.83.
According to TipRanks.com, Malhotra is a 4-star analyst with an average return of 5.0% and a 53.9% success rate. Malhotra covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, Manulife Financial Corp, and National Bank of Canada.
The the analyst consensus on Toronto Dominion Bank is currently a Moderate Buy rating.
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Toronto Dominion Bank’s market cap is currently $101B and has a P/E ratio of 12.05. The company has a Price to Book ratio of 1.83.
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