TD Bank rises after strong Q4 results

Shares of Canadian lender TD Bank TD.TO up 1.7% at C$119.66

TD topped analyst estimates for fourth-quarter profit, boosted by strong performance in its capital markets businesses

Co reported adj net income of C$2.18, compared with C$1.72 a year ago

Co reported net interest income of C$8.59 billion ($6.16 billion), compared with C$8.03 billion a year ago

Eight of 15 analysts covering the stock rate it "buy" or "strong buy", 5 "hold" and 2 "sell" or "strong sell; median PT at C$120 - LSEG data

As of last close, TD up 53.8% this year

($1 = 1.3943 Canadian dollars)