CIBC Keeps Their Hold Rating on Toronto Dominion Bank (TD)

In a report released today, Paul Holden from CIBC maintained a Hold rating on Toronto Dominion Bank (TDResearch Report), with a price target of C$93.00. The company’s shares closed today at $64.92.

Holden covers the Financial sector, focusing on stocks such as Laurentian Bank, Canadian Western Bank, and Bank Of Nova Scotia. According to TipRanks, Holden has an average return of 7.3% and a 53.37% success rate on recommended stocks.

In addition to CIBC, Toronto Dominion Bank also received a Hold from BMO Capital’s Sohrab Movahedi in a report issued on September 2. However, today, Fundamental Research maintained a Buy rating on Toronto Dominion Bank (NYSE: TD).

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TD market cap is currently $115.7B and has a P/E ratio of 10.27.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TD in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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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