Analysts Offer Insights on Financial Companies: Toronto Dominion Bank (TD) and Progressive (PGR)
There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Toronto Dominion Bank (TD – Research Report) and Progressive (PGR – Research Report) with bullish sentiments.
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Toronto Dominion Bank (TD)
In a report released yesterday, Ebrahim Poonawala from Bank of America Securities reiterated a Buy rating on Toronto Dominion Bank, with a price target of C$147.00. The company’s shares closed last Wednesday at $96.14.
According to TipRanks.com, Poonawala is a top 100 analyst with an average return of
Currently, the analyst consensus on Toronto Dominion Bank is a Moderate Buy with an average price target of $99.01, a 3.0% upside from current levels. In a report issued on February 9, Desjardins also maintained a Buy rating on the stock with a C$139.00 price target.
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Progressive (PGR)
Bank of America Securities analyst Joshua Shanker reiterated a Buy rating on Progressive yesterday and set a price target of $315.00. The company’s shares closed last Wednesday at $203.28, close to its 52-week low of $201.34.
According to TipRanks.com, Shanker is a 5-star analyst with an average return of
Progressive has an analyst consensus of Moderate Buy, with a price target consensus of $240.20, a 15.3% upside from current levels. In a report issued on February 3, Citi also maintained a Buy rating on the stock with a $261.00 price target.
