Toronto Dominion Bank (The) with ticker code (TD) have now 5 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 82.42 and 63.3 calculating the mean target price we have $74.58. Given that the stocks previous close was at $56.79 and the analysts are correct then we can expect a percentage increase in value of 31.3%. There is a 50 day moving average of $65.36 and the 200 day moving average is $65.17. The market capitalization for the company is $103,151m. Company Website: https://www.td.com
The potential market cap would be $135,464m based on the market consensus.
The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases. It also provides credit cards and payments; real estate secured lending, auto finance, and consumer lending services; point-of-sale payment solutions for large and small businesses; wealth and asset management products, and advice to retail and institutional clients through direct investing, advice-based, and asset management businesses; and property and casualty insurance, as well as life and health insurance products. The company also provides capital markets, and corporate and investment banking products and services, including underwriting and distribution of new debt and equity issues; advice on strategic acquisitions and divestitures; and trading, funding, and investment services to corporations, governments, and institutions. It offers its products and services under the TD Bank and America’s Most Convenient Bank brand names. It has a strategic alliance with Canada Post Corporation. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada.
The company has a dividend yield of 4.96% with the ex dividend date set at 5-4-2023 (DMY).
Other points of data to note are a P/E ratio of 9.47, revenue per share of 26.55 and a 0.82% return on assets.
