Zacks Investment Research downgraded Toronto-Dominion Bank (NYSE:TD) to Hold in a report released today.
- Updated: September 17, 2016
Showing a price of $43.92, Toronto-Dominion Bank (NYSE:TD) traded 1.05% lower on the day. With the last close up 0.11% relative to the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. The company has been tracking to a 50-day moving average of $44.10 and two hundred day average of $43.33. Trade volume was was down over the average, with 1,105,774 shares of TD changing hands under the typical 1,370,920 shares.
Zacks Investment Research has downgraded Toronto-Dominion Bank(NYSE:TD) to Hold in a statement released Thursday August 18 2016.
In addition to Zacks Investment Research reporting it’s price target, a total of 4 analysts have issued a research note on the stock. The consensus target price is $44.35 with 0 rating the company a strong buy, three firms rating the company a buy, two firms rating the stock a hold, 0 rating the stock to underperform, and lastly 0 brokerages rating the stock as sell.
With a total market value of $0.0, Toronto-Dominion Bank has a P/E of 13 with a 52 week low of $33.49 and a 52 week high of $45.98.
Brief Synopsis On Toronto-Dominion Bank (NYSE:TD)
The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank is an online financial services firm, with over 10.2 million online and mobile customers. Its segments include Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. The Canadian Retail segment provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses. The U.S. Retail segment consists of its retail and commercial banking operations operating under the brand TD Bank, and wealth management services in the United States. The Wholesale Banking segment provides a range of capital markets, investment banking, and corporate banking products and services, including underwriting and distribution of new debt and equity issues, providing advice on strategic acquisitions and divestitures, and meeting the daily trading, and funding and investment needs of its clients. The Corporate segment provides centralized advice and counsel to its businesses.
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