Market Overview

UPDATE: Stifel Nicolaus Initiates Toronto-Dominion Bank at Hold on EPS Outlook

Share:
Related TD
Earnings Scheduled For December 1, 2016
If You Don't Actually Want To Move To Canada, Here's How To Move Your Money There

Stifel Nicolaus initiated its coverage on Toronto-Dominion Bank (NYSE: TD) with a Hold rating.

Stifel Nicolaus noted, "As evidenced by our below consensus EPS estimates (even on an "adjusted" EPS basis we believe we are 3%-4% below consensus), the company is not immune to the current environment, in our view. We simply cannot get to the balance sheet growth and/or net interest margin expansion the consensus must be implying in its current 2013 EPS outlook."

Toronto-Dominion Bank closed at $81.61 on Monday.

Latest Ratings for TD

DateFirmActionFromTo
Nov 2016Credit SuisseAssumesOutperform
Nov 2016Bank of AmericaInitiates Coverage OnBuy
Sep 2016CitigroupMaintainsBuy

View More Analyst Ratings for TD
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Initiation Intraday Update Analyst Ratings

 

Related Articles (TD)

View Comments and Join the Discussion!