In a report released today, Paul Holden from CIBC maintained a Hold rating on Toronto Dominion Bank (TD – Research Report), with a price target of C$84.00. The company’s shares opened today at $60.96.
According to TipRanks, Holden is a 4-star analyst with an average return of 7.5% and a 57.94% success rate. Holden covers the Financial sector, focusing on stocks such as Bank Of Nova Scotia, Toronto Dominion Bank, and Laurentian Bank.
In addition to CIBC, Toronto Dominion Bank also received a Hold from BMO Capital’s Sohrab Movahedi in a report issued today. However, on the same day, Bank of America Securities reiterated a Buy rating on Toronto Dominion Bank (NYSE: TD).
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Based on Toronto Dominion Bank’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of $13.14 billion and a net profit of $2.96 billion. In comparison, last year the company earned a revenue of $12.1 billion and had a net profit of $4.88 billion
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Toronto Dominion Bank (TD) Company Description:
Incorporated in 1955, The Toronto-Dominion Bank is a leading provider of financial products and services in Canada. It is the sixth largest bank in North America by
branches and serves over 26 million customers. It operates through Canadian Retail, U.S. Retail, and Wholesale Banking segments.
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