Scotiabank Raises Toronto-Dominion Bank (TD) Price Target to C$87.00

A TD Bank branch is seen in Halifax on Thursday

It also reduced its holding in Eni S P A (NYSE:E) by 125,699 shares in the quarter, leaving it with 60,912 shares, and cut its stake in Lyondellbasell Industries N (NYSE:LYB). Scotia Capital maintained The Toronto-Dominion Bank (NYSE:TD) on Friday, August 28 with "Sector Perform" rating. Earnings per share, excluding one-off items, rose to C$1.56 in the quarter to January 31, from C$1.33 a year earlier. Bank of America initiated The Toronto-Dominion Bank (NYSE:TD) on Tuesday, November 1 with "Buy" rating. William Blair Investment Management LLC now owns 4,885,591 shares of the bank's stock worth $286,853,000 after purchasing an additional 2,818,050 shares during the period. Coastline Trust Co grew its stake in shares of Toronto-Dominion Bank by 1.1% in the 4th quarter. Calton & Associates Inc. bought a new stake in Toronto-Dominion Bank during the 4th quarter valued at $141,000.

A number of other brokerages also recently weighed in on TD. Zacks Investment Research raised Toronto-Dominion Bank from a "hold" rating to a "buy" rating and set a $66.00 price target for the company in a research note on Wednesday. More interesting news about The Toronto-Dominion Bank (NYSE:TD) was released by: Fool.ca and their article: "Earnings Preview: What to Expect From Toronto-Dominion Bank on Thursday" with publication date: February 27, 2018. Toronto-Dominion Bank presently has a consensus rating of "Buy" and an average price target of $77.20. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company.

Royal Bank of Canada reclaimed the nation's largest lender title, ousting Toronto-Dominion Bank to recapture the top spot it has owned for most of the past 100 years. The company has a market capitalization of $106,630.00, a P/E ratio of 13.53, a PEG ratio of 1.25 and a beta of 0.94.

TD Bank's Common Equity Tier 1 ratio, a key measure of its financial health, was 10.6 per cent, marking a decrease from 10.9 per cent a year ago and 10.7 per cent in the previous quarter. Toronto-Dominion Bank has a 52 week low of $45.18 and a 52 week high of $61.06. The Toronto-based banks have traded the No. 1 ranking for about five years, with Toronto-Dominion first surpassing Royal Bank at the end of 2013 following a decade-long expansion in US consumer lending. The stock increased 0.76% or $0.44 during the last trading session, reaching $58.41. Toronto-Dominion Bank had a net margin of 23.09% and a return on equity of 15.17%. The company's revenue for the quarter was up 2.6% on a year-over-year basis.

Opposition blaming India decision to raise chickpea tariff on Trudeau's troubled visit
But the official spokesman for the Indian ministry said Modi's government had nothing to do with invitations issued to Atwal. Trudeau also received backlash over his wife Sophie Trudeau's photo with the convicted pro-Khalistani terrorist.

Toronto-Dominion Bank sailed past first-quarter profit expectations, prompting its CEO to hint the bank could be on pace to top its internal targets this year.

TRADEMARK VIOLATION NOTICE: "Financial Gravity Companies Inc".

Toronto-Dominion Bank (NYSE:TD) (TSE:TD) last announced its earnings results on Thursday, November 30th. If you are reading this article on another domain, it was stolen and reposted in violation of United States and global trademark & copyright laws. The original version of this article can be viewed at https://www.thelincolnianonline.com/2018/03/02/financial-gravity-companies-inc-takes-176000-position-in-toronto-dominion-bank-td.html. It is an online financial services firm, with over 10.2 million online and mobile customers. The Canadian Retail segment provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses. In turn, TD and other Canadian banks with a USA presence recorded a one-time adjustment to deferred tax assets held on company balance sheets.

Related News:

  • There are five types of diabetes not two, say scientists

    There are five types of diabetes not two, say scientists

    Type 2 diabetes - usually diagnosed in adults - develops when the body can not produce enough insulin the right way. In the USA , diabetes disproportionately affects Native Americans, Asian Indians and other ethnic minority groups.
    Prince William to become first British royal to visit occupied Palestine

    Prince William to become first British royal to visit occupied Palestine

    The Palace said the visit is at the request of Government and has been welcomed by the Israeli, Jordanian and Palestinian authorities.
    Bus-sized asteroid to zoom past Earth on Friday

    Bus-sized asteroid to zoom past Earth on Friday

    Such measurement, in combination with the distance of the encounter from our planet, classifies it as potentially risky . That's about a third of the average distance of the moon from Earth according to NASA's Asteroid Watch researchers.
  • In Old Interview, OJ Talks of Hypothetical Accomplice

    In Old Interview, OJ Talks of Hypothetical Accomplice

    Simpson and the case that gripped America, I highly recommend you watch HBO's Oscar winning documentary, 'O.J.: Made in America'. Simpson, who was convicted of kidnapping, armed robbery and assault with a deadly weapon back in 2008, was released on parole.
    Woman and 3 children found dead in West Brookfield home

    Woman and 3 children found dead in West Brookfield home

    Worcester County District Attorney Joseph Early said a two-year-old boy, five-year-old boy and a seven-year-old girl were found dead inside an Old Warren Road home along with an adult woman.
    The JC Penney (JCP) Scheduled to Post Quarterly Earnings on Friday

    The JC Penney (JCP) Scheduled to Post Quarterly Earnings on Friday

    Penney's announcement last month that it would close its Milwaukee distribution and customer care center and cut about 670 jobs. Friedberg Invest reported 1.65% of its portfolio in Align Technology, Inc. (NYSE:JCP) has an average volume of 16.35 Million.
  • Rev. Billy Graham's funeral

    Rev. Billy Graham's funeral

    President Donald Trump , members of Congress and the Cabinet held a private ceremony before the doors were opened to the public. Johnson invited Graham to spend more than 20 nights at the White House, where the two prayed together, according to the library.
    Polish Holocaust speech law takes effect

    Polish Holocaust speech law takes effect

    Poland's president signed the law in February 2018 but also sent it to the constitutional court for review. But prosecutors are already looking for cases where Poland is defamed over its wartime activities.
    President Trump slams Jeff Sessions, AG responds

    President Trump slams Jeff Sessions, AG responds

    The White House and the Justice Department did not immediately respond to requests for comment on The Washington Post story. The criticism was so harsh that Mr Sessions offered previous year to resign, which Mr Trump refused to accept.
  • Microchip, with plant in Gresham, buys Microsemi for $10 billion

    Microchip, with plant in Gresham, buys Microsemi for $10 billion

    Other hedge funds also recently made changes to their positions in the company. 295,616 were accumulated by Clark Cap Group. The Trustmark National Bank Trust Department holds 2,998 shares with $269,000 value, down from 25,420 last quarter.
    Dropbox teams up with Google for G Suite integration

    Dropbox teams up with Google for G Suite integration

    Also, Google says almost two dozen vendors have already built bots for Hangouts Chat. It's available to Windows and macOS users as well as those using Android and iOS.
    This Is How Rome Enjoys a Snow Day

    This Is How Rome Enjoys a Snow Day

    The Colosseum , the Palatine Hill, and the Roman Forum - the city's top tourist draws - were also closed. Hospitals in Lithuania and Latvia reported a rise in hypothermia and frostbite cases.


Most liked

HEB releasing limited-edition bags honoring Selena
Working with Selena's big sis, Suzette Quintanilla, H-E-B created a completely recyclable tote bearing La Reina de Tejano's face. By the time NewsFix went to an HEB in Waxahachie the bags had already gone Bidi Bidi bye-bye.

Student who shot self in school bathroom planned school massacre
Authorities said the student had 80 rounds of ammunition on him and did not know why he changed his mind and shot himself . The boy was taken to Children's Hospital Medical Center of Akron, where he died from his injuries the following day.

Giants Confident In Eli Manning, Open To Offers For No. 2 Pick
The New York Giants will be moving forward with QB Eli Manning , head coach Pat Shurmur said at a press conference Wednesday. This past season may have been the most chaotic of Manning's career, who has brought a pair of Lombardi Trophies back to NY .

Rafael Nadal out of Indian Wells Masters & Miami Open with hip injury
Nadal , who turns 32 in June, ended 2017 as the oldest year-end world number one in the 45-year history of the ATP rankings. In fact since the start of 2004, combined he's only missed those events twice - 2005 Indian Wells , 2013 Miami .

Colorado child sex offender sentenced to 300 years goes free
However, in the state of Colorado, statutory speedy trial rights require a time frame of six months. He was arrested at the center for failing to register as a sex offender, a felony.

Governor Hogan declares state of emergency
If you do not already have one, consider using a vehicle charger to keep devices charged if you lose power for a long time. A Red Flag Warning is in effect from 11 AM to 8 PM for high fire danger from low relative humidity and gusty winds.

Betting On Barrick Gold Corporation (NYSE:ABX) ?
The stock of Barrick Gold Corporation (NYSE:ABX) earned "Hold" rating by BMO Capital Markets on Monday, August 21. The shares were bought at an average price of C$1,000.00 per share, for a total transaction of C$1,000,000.00.

President Ilham Aliyev arrives at Drug Abuse Treatment Center after fire outbreak
The fire broke out due to malfunction in the building's electricity network, according to the preliminary investigation. It took the firefighters approximately three hours to completely extinguish the fire.

Maoists killed in Telangana
The security personnel surrounded the guerrillas and asked them to surrender. Several weapons, including an AK rifle, have been recovered from the area.

Netflix comes to Sky Q after new deal is inked
The Netflix app will be integrated into Sky Q , but content will appear in the Sky Q menu as Sky's own content now does. The app will be introduced to Sky Ticket in Germany and Austria, and Now TV in Italy, following that.

The Light Phone 2 Is the Ultimate Anti-Phone
The Light Phone was created to offer basic telephony functions in an extremely slim form (4 mm thick), and it cost just US$100. Smartphone addiction has also been associated with teenage unhappiness, particularly due to exposure to social media.

Krejci hat trick leads Bruins to 8-4 win over Penguins
Rick Nash , Torey Krug and David Backes also scored goals, and Tuukka Rask recovered from a tough start to record 22-save win. Old friend Phil Kessel made it 3-2 when he deflected the puck off Rask from a bad angle for his 27th goal at 9:27.

Scaramucci Is on White House 'Exclusion List' Blocking Visits
Scaramucci said Thursday in an interview with Bloomberg News, warning there would be "a further evacuation of talent". Requests for a White House appointment for those on the list is said to require a "case by case" evaluation.

232 arrested in massive Northern California ICE sweep
During the operation, ICE's enforcement and removal operations arrested 232 individuals for violating US immigration laws. Justin Berton, a spokesman for Schaaf, said the mayor's office is unaware of any review and declined to comment further.

First for athletics as entire field in 400m heat is disqualified
Qatar's Abdalleleh Haroun was ruled out for a false start before the four other athletes ran out of their lane. Johnson-Thompson then cleared 1.91 meters in the high jump to briefly take the lead.