Toronto-Dominion Bank (TSE:TD) Given New C$124.00 Price Target at National Bankshares

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target boosted by analysts at National Bankshares from C$116.00 to C$124.00 in a research report issued on Friday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bankshares’ price target would suggest a potential upside of 1.65% from the company’s previous close.

A number of other research analysts have also issued reports on TD. Royal Bank Of Canada boosted their price objective on Toronto-Dominion Bank from C$120.00 to C$128.00 in a research report on Friday. BMO Capital Markets upped their price target on shares of Toronto-Dominion Bank from C$120.00 to C$128.00 in a research report on Friday. CIBC increased their price objective on shares of Toronto-Dominion Bank from C$112.00 to C$122.00 in a report on Wednesday, November 19th. Jefferies Financial Group boosted their target price on shares of Toronto-Dominion Bank from C$125.00 to C$130.00 in a research note on Friday. Finally, Desjardins upped their target price on shares of Toronto-Dominion Bank from C$107.00 to C$110.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of C$118.14.

Toronto-Dominion Bank Price Performance

Shares of TSE:TD traded up C$1.90 during trading on Friday, reaching C$121.99. 2,481,790 shares of the company’s stock traded hands, compared to its average volume of 7,114,264. The stock has a market capitalization of C$208.26 billion, a P/E ratio of 10.44, a price-to-earnings-growth ratio of 1.22 and a beta of 0.98. Toronto-Dominion Bank has a 12 month low of C$73.22 and a 12 month high of C$122.24. The company has a 50 day moving average of C$113.94 and a 200-day moving average of C$105.23.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last issued its earnings results on Thursday, December 4th. The company reported C$2.18 EPS for the quarter. The company had revenue of C$16.03 billion during the quarter. Toronto-Dominion Bank had a return on equity of 7.84% and a net margin of 15.80%. Equities research analysts predict that Toronto-Dominion Bank will post 7.2160149 earnings per share for the current fiscal year.

Insider Transactions at Toronto-Dominion Bank

In related news, Director Nathalie Palladitcheff purchased 1,000 shares of the company’s stock in a transaction on Monday, October 6th. The shares were bought at an average cost of C$112.64 per share, for a total transaction of C$112,640.00. Following the transaction, the director owned 3,292 shares of the company’s stock, valued at C$370,810.88. This represents a 43.63% increase in their ownership of the stock. Also, insider Ajai Bambawale sold 7,328 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of C$112.07, for a total transaction of C$821,248.96. Following the completion of the transaction, the insider owned 800 shares of the company’s stock, valued at C$89,656. This trade represents a 90.16% decrease in their ownership of the stock. Insiders have sold a total of 84,384 shares of company stock worth $9,456,915 over the last 90 days. 0.08% of the stock is owned by insiders.

About Toronto-Dominion Bank

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.