BMO Capital Sticks to Their Hold Rating for Toronto Dominion Bank (TD)

BMO Capital analyst Sohrab Movahedi maintained a Hold rating on Toronto Dominion Bank (TDResearch Report) today and set a price target of C$100.00. The company’s shares closed yesterday at $66.61.

Movahedi covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, Toronto Dominion Bank, and Bank Of Nova Scotia. According to TipRanks, Movahedi has an average return of 4.9% and a 45.33% success rate on recommended stocks.

Toronto Dominion Bank has an analyst consensus of Hold, with a price target consensus of $75.34, a 13.11% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Hold rating on the stock with a C$94.50 price target.

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The company has a one-year high of $84.34 and a one-year low of $58.64. Currently, Toronto Dominion Bank has an average volume of 1.9M.

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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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