CCORF analyst Matthew Lee maintains $The Toronto-Dominion Bank (TD.US)$ with a buy rating, and adjusts the target price from $68.19 to $67.52.
According to TipRanks data, the analyst has a success rate of 60.1% and a total average return of 13.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $The Toronto-Dominion Bank (TD.US)$'s main analysts recently are as follows:
TD Bank's recent resolution of anti-money laundering investigations connected to its U.S. banking operations with various regulators has been noted. This resolution includes an asset cap, which is considered the closing measure of the matter.
TD Bank has navigated through a settlement concerning its U.S. BSA/AML complications, incurring both financial and non-financial repercussions. The most significant consequence is an imposed asset cap likely to hinder the bank's expansion endeavors in the U.S. for an extended period. It is anticipated that the bank may struggle to surpass its peers in the medium term due to constrained strategic agility, subdued growth in earnings and dividends, along with considerable forthcoming cultural transformations.
Note:
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