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Analysts Offer Insights on Financial Companies: Bank of New York Mellon Corporation (BK), Toronto Dominion Bank (TD) and TMX Group (OtherTMXXF)

Analysts have been eager to weigh in on the Financial sector with new ratings on Bank of New York Mellon Corporation (BKResearch Report), Toronto Dominion Bank (TDResearch Report) and TMX Group (TMXXFResearch Report).

Bank of New York Mellon Corporation (BK)

In a report released today, Jason Goldberg from Barclays maintained a Buy rating on Bank of New York Mellon Corporation, with a price target of $68.00. The company’s shares closed last Friday at $57.00, close to its 52-week high of $58.28.

According to TipRanks.com, Goldberg is a 5-star analyst with an average return of 10.6% and a 61.6% success rate. Goldberg covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, First Citizens BancShares, and Capital One Financial.

Bank of New York Mellon Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $64.09.

See today’s best-performing stocks on TipRanks >>

Toronto Dominion Bank (TD)

Barclays analyst Brian Morton maintained a Hold rating on Toronto Dominion Bank today and set a price target of C$90.00. The company’s shares closed last Friday at $54.66, close to its 52-week low of $54.12.

According to TipRanks.com, Morton is a 1-star analyst with an average return of -6.0% and a 20.0% success rate. Morton covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Royal Bank Of Canada.

Toronto Dominion Bank has an analyst consensus of Moderate Buy, with a price target consensus of $64.93, which is an 11.4% upside from current levels. In a report issued on May 1, Bank of America Securities also reiterated a Hold rating on the stock with a C$86.00 price target.

TMX Group (TMXXF)

In a report released today, Benjamin Budish from Barclays maintained a Hold rating on TMX Group, with a price target of C$38.00. The company’s shares closed last Thursday at $26.76, close to its 52-week high of $27.17.

According to TipRanks.com, Budish is a 4-star analyst with an average return of 4.3% and a 62.0% success rate. Budish covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Apollo Global Management, and Marketaxess Holdings.

TMX Group has an analyst consensus of Hold, with a price target consensus of $28.41, which is a 5.9% upside from current levels. In a report issued on May 3, Scotiabank also assigned a Hold rating to the stock with a C$39.00 price target.

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