TD Shares Seen Rising 8.2% as Nasdaq Hits 15.5% Upside
Analysts have been weighing in on Toronto Dominion Bank (TD) and Nasdaq (NDAQ), two key players in the financial sector. In a report released today, John Aiken from Jefferies maintained a Hold rating on TD with a price target of $165.00. The company's shares closed last Thursday at $123.31.
According to TipRanks.com, Aiken is a 2-star analyst with an average return of 0.6% and a 51.0% success rate. He covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Royal Bank Of Canada.
The word on The Street in general suggests a Moderate Buy analyst consensus rating for TD with an average price target of $131.84, which is an 8.2% upside from current levels. KBW also initiated coverage with a Hold rating on the stock with a C$180.00 price target.
In contrast, Nasdaq (NDAQ) has received overwhelmingly positive feedback from analysts. Jeff Schmitt from William Blair maintained a Buy rating on NDAQ with its shares closing last Thursday at $98.71.
TipRanks.com rates Schmitt as a 4-star analyst with an average return of 10.9% and a 62.6% success rate. He covers the Financial sector, focusing on stocks such as SEI Investments Company, Marketaxess Holdings, and Ameriprise Financial.
The word on The Street in general suggests a Strong Buy analyst consensus rating for NDAQ with an average price target of $112.38, implying a 15.5% upside from current levels.