National Bankshares Reiterates C$100.00 Price Target for Toronto-Dominion Bank (TSE:TD)

National Bankshares set a C$100.00 price objective on Toronto-Dominion Bank (TSE:TD) (NYSE:TD) in a research report report published on Monday,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

A number of other research firms have also recently commented on TD. Jefferies Financial Group boosted their price objective on Toronto-Dominion Bank from C$103.00 to C$117.00 in a report on Wednesday, August 13th. CIBC boosted their price objective on Toronto-Dominion Bank from C$109.00 to C$112.00 in a report on Friday, September 5th. Desjardins boosted their price objective on Toronto-Dominion Bank from C$107.00 to C$110.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Barclays boosted their price objective on Toronto-Dominion Bank from C$95.00 to C$97.00 and gave the stock an “underweight” rating in a report on Friday, August 29th. Finally, Canaccord Genuity Group boosted their price objective on Toronto-Dominion Bank from C$109.00 to C$113.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Toronto-Dominion Bank currently has a consensus rating of “Hold” and a consensus target price of C$100.17.

Toronto-Dominion Bank Stock Performance

TSE:TD opened at C$108.59 on Monday. The stock’s 50-day simple moving average is C$103.30 and its 200 day simple moving average is C$95.04. The company has a market cap of C$190.23 billion, a P/E ratio of 9.30, a P/E/G ratio of 1.22 and a beta of 0.87. Toronto-Dominion Bank has a 52-week low of C$73.22 and a 52-week high of C$111.11.

Toronto-Dominion Bank Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Thursday, July 31st were issued a dividend of $1.05 per share. The ex-dividend date was Thursday, July 10th. This represents a $4.20 annualized dividend and a dividend yield of 3.9%. Toronto-Dominion Bank’s dividend payout ratio is 35.70%.

Toronto-Dominion Bank Company Profile

Toronto-Dominion is one of Canada’s two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank’s U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.