RBC Capital Keeps Their Hold Rating on Toronto Dominion Bank (TD)


RBC Capital analyst Darko Mihelic maintained a Hold rating on Toronto Dominion Bank (TD) today and set a price target of C$80.00. The company’s shares closed last Monday at $55.48.

According to TipRanks.com, Mihelic is a 4-star analyst with an average return of 7.7% and a 68.6% success rate. Mihelic covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, Manulife Financial Corp, and Bank Of Nova Scotia.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Toronto Dominion Bank with a $62.85 average price target.

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Based on Toronto Dominion Bank’s latest earnings release for the quarter ending July 31, the company reported a quarterly net profit of $2.45 billion. In comparison, last year the company had a net profit of $2.37 billion.

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