Toronto Dominion Bank (The) (TD) has risen sharply, recording gains of 1.24% in the past 4 weeks. However, the stock has corrected -0.11% in the past 1 week, providing a good buying opportunity on dips. Toronto Dominion Bank (The) (TD) : Traders are bullish on Toronto Dominion Bank (The) (TD) as it has outperformed the S&P 500 by a wide margin of 1.45% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.55%, relative to the S&P 500.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.63% and the fifty day Moving Average is 1.82%. The Toronto-Dominion Bank is up 0.79% in the last three month period. Year-to-Date the stock performance stands at 15.97%.
Toronto Dominion Bank (The) (TD) : 6 investment research analysts covering Toronto Dominion Bank (The) (TD) have an average price target of $47.72 for the near short term. The highest target price given by the Brokerage Firm to the stock is $61 and the lowest target is $41 for the short term. Analysts expect the variance to be within $6.89 of the average price.
Toronto Dominion Bank (The) (NYSE:TD): On Fridays trading session , Opening price of the stock was $44.44 with an intraday high of $44.82. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $44.005. However, the stock managed to close at $44.11, a loss of 0.85% for the day. On the previous day, the stock had closed at $44.49. The total traded volume of the day was 1,602,939 shares.
The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank conducts its business through segments, such as Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. Canadian Retail provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses, including credit cards, auto finance, wealth and insurance businesses. U.S. Retail consists of the Banks retail and commercial banking operations operating under the brand TD Bank, Americas Most Convenient Bank, and wealth management services in the United States. Wholesale Banking 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, funding and investment needs of its clients. The Bank is also an online financial services firm.