Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.7%. By the end of trading, Toronto-Dominion Bank fell $0.88 (-1.0%) to $83.41 on light volume. Throughout the day, 327,348 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 612,000 shares. The stock ranged in price between $83.13-$84.05 after having opened the day at $83.81 as compared to the previous trading day's close of $84.29. Other companies within the Banking industry that declined today were:
), down 13.7%,
), down 6.8%,
), down 6.8% and
), down 6.7%.
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The Toronto-Dominion Bank, together with its subsidiaries, provides financial and banking services in North America and internationally. The company's Canadian Personal and Commercial Banking segment offers various financial products and services to personal and small business customers. Toronto-Dominion Bank has a market cap of $77.5 billion and is part of the financial sector. Shares are down 0.0% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Toronto-Dominion Bank a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.
- You can view the full Toronto-Dominion Bank Ratings Report.
On the positive front,
), up 12.0%,
), up 8.5%,
), up 7.8% and
), up 6.9%.
- Use our banking section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider
) while those bearish on the banking industry could consider
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