In a report released today, Gabriel Dechaine from National Bank maintained a Buy rating on Toronto Dominion Bank (TD), with a price target of C$79.00. The company’s shares closed last Monday at $54.85.
Dechaine has an average return of 6.5% when recommending Toronto Dominion Bank.
According to TipRanks.com, Dechaine is ranked #512 out of 5539 analysts.
Currently, the analyst consensus on Toronto Dominion Bank is a Moderate Buy with an average price target of $63.49, which is a 12.7% upside from current levels. In a report released today, CIBC also maintained a Buy rating on the stock with a $81.00 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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