T.D. Bank Gets a Hold Rating from Barclays

By Jason Carr

In a latest note to investors, a research analyst has provided a rating update for the Financial sector company, T.D. Bank (TSX: TD). The company received a Hold on December 19 from Barclays’ analyst John Aiken, with a C$73 price target.

According to TipRanks.com, Aiken is ranked 0 out of 5 stars with an average return of -3.5% and a 40.0% success rate. Aiken covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.

T.D. Bank has an analyst consensus of Moderate Buy, with a price target consensus of C$77.25.

T.D. Bank’s market cap is currently C$134.3B and has a P/E ratio of 8.8.

The Toronto-Dominion Bank engages in providing financial products and services. It operates through the following business segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The Canadian Retail segment offers various financial products and services, as well as telephone, Internet, and mobile banking services. The U.S.

The company’s shares closed on Friday at C$72.99, close to its 52-week high of C$75.09.