Dominion Bank (TD) Given New C$77.00 Price Target at TD Securities

REUTERS

About shares traded. Toronto-Dominion Bank (NYSE:TD) has risen 8.67% since September 2, 2016 and is uptrending. Currently The Toronto-Dominion Bank (TD) stock is moving with Upswing trend.

Gabriel Dechaine, an analyst with the National Bank of Canada, called it "one of the best quarters TD has reported in recent memory". The firm earned "Outperform" rating on Tuesday, May 3 by Credit Suisse. Scotia Capital maintained Toronto-Dominion Bank (NYSE:TD) rating on Friday, August 28. Toronto-Dominion Bank has a consensus rating of Buy and a consensus target price of C$73.00. The rating was maintained by RBC Capital Markets on Tuesday, October 25 with "Outperform". The firm has "Buy" rating by Citigroup given on Wednesday, September 14.

CAE Inc, which provides training for the aviation, defense and healthcare industries, rallied 4.6 percent to C$20.90 after Bank of Montreal raised its rating on the company to outperform from market perform. (MON) stake by 6% reported in 2016Q4 SEC filing. Airain Ltd acquired 27,837 shares as Flir Systems Inc (FLIR)'s stock rose 1.23%.

Canada's main stock climbed to a three-week high on Thursday, led by resource and financial shares as commodities rallied and data showed that the domestic economy grew in the second quarter at its fastest pace in almost six years. Next Financial Group, Inc trimmed its holdings by selling 50 shares a decrease of 5.4% in the quarter.

The Toronto Stock Exchange's S&P/TSX composite index rose 50.43 points, or 0.33 percent, to finish at 15,133.13. About 718,313 shares traded. Spot gold was up 0.83 per cent at $1,319.22 an ounce. It has outperformed by 7.95% the S&P500. Before that, Toronto-Dominion's main business trailed or was near the bottom of Canada's six largest lenders for the pace of growth in the three prior quarters. The company has market cap of $21.15 billion. The Bank is an online financial services firm, with approximately 10.2 million online and mobile customers.

Sashi Brown backtracks on statement that Brock Osweiler will make Browns
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Since March 13, 2017, it had 0 buys, and 12 insider sales for $2.74 million activity.

"Earnings in our Canadian retail segment have been accelerating, reflecting a better than expected Canadian economic environment", CFO Riaz Ahmed said. Adjusted profit, which excludes some items, was C$1.51 a share, beating the C$1.37 average estimate of 12 analysts surveyed by Bloomberg. Toronto-Dominion Bank (TSE:TD) has 0.00% since September 2, 2016 and is. Shares saw a steep increase in trading volume of 94.76% over the normal average daily volume. On Thursday, May 18 the insider FRANK JEFFREY sold $522,515. (NASDAQ:FLIR) on Friday, April 28. 11,346 shares were sold by Preete Kerry J, worth $1.33 million on Monday, May 1. The insider Crouch William Wright sold $1.39M. The rating was maintained by TD Securities on Friday, December 2 with "Buy". Therefore 67% are positive. PBF Energy Inc had 42 analyst reports since July 24, 2015 according to SRatingsIntel. The stock's market capitalization is 95.34B, it has a 52-week low of 43.09 and a 52-week high of 54.44. The firm has "Hold" rating by Deutsche Bank given on Monday, February 8.

Technology stocks added 1.3 percent, with Shopify Inc jumping 4.7 percent to C$136.82. The Heathbridge Capital Management Ltd holds 475,550 shares with $23.45 million value, down from 482,450 last quarter. Also, the Hold rating count is 1 as of 08/31/17.

"TD showed the strongest beat of the "Big 6" this earnings season", Barclays Plc analyst John Aiken said Thursday in a note to clients.

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