Toronto-Dominion Bank (TSE:TD) (NYSE:TD) Senior Officer Robert E. Dorrance sold 138,636 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of C$72.63, for a total transaction of C$10,069,132.68. Following the completion of the sale, the insider now directly owns 569,584 shares in the company, valued at C$41,368,885.92.
TSE TD opened at C$74.32 on Thursday. The company has a market cap of $132.69 billion and a P/E ratio of 11.81. The stock has a 50-day moving average of C$73.79 and a two-hundred day moving average of C$75.03. Toronto-Dominion Bank has a 1-year low of C$65.56 and a 1-year high of C$80.05.
Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last issued its quarterly earnings results on Thursday, August 29th. The company reported C$1.79 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of C$1.79. The business had revenue of C$10.50 billion for the quarter, compared to analyst estimates of C$10.09 billion. On average, sell-side analysts anticipate that Toronto-Dominion Bank will post 7.1799994 EPS for the current fiscal year.
Several equities analysts have recently commented on TD shares. Barclays upgraded shares of Toronto-Dominion Bank from an “underweight” rating to an “overweight” rating and upped their price objective for the stock from C$79.00 to C$84.00 in a report on Tuesday, June 11th. CSFB dropped their target price on shares of Toronto-Dominion Bank from C$79.00 to C$78.00 in a report on Friday, September 6th. Citigroup cut their target price on Toronto-Dominion Bank from C$90.00 to C$82.00 in a research report on Tuesday. Canaccord Genuity decreased their price target on Toronto-Dominion Bank from C$82.00 to C$81.00 in a research note on Friday, August 30th. Finally, National Bank Financial decreased their price target on Toronto-Dominion Bank from C$85.00 to C$84.00 and set an “outperform” rating on the stock in a research note on Friday, August 30th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Toronto-Dominion Bank has an average rating of “Buy” and a consensus price target of C$81.90.
Toronto-Dominion Bank Company Profile
The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and services in Canada and the United States. The company operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. It offers personal deposits, such as checking, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; financing options to customers at point of sale for automotive and recreational vehicle purchases through auto dealer network; credit cards; investing, advice-based, and asset management services to retail and institutional clients; and property and casualty insurance, as well as life and health insurance products.
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