RE:Wow TD increased their Target price to $12.00 !!Not sure about Wonderland but, other than the divi increase, I think TD are in absolute fantasy land. It might be a hold for the divi, but that's it.
TJPatrols wrote: Interesting that despite a weak Q4, TD increased their target price to $12.00 this morning. They think once Covid subsides there will be a big jump in sales. They need all the "non traditional" restaurants to re-open ( sporting and concert events, universities, Canadas Wonderland etc .. ) Also walk in sales to return once there can be in restaurant dining...TD is forcasting 5% increase in new restaurant builds for 2021...They see same store sales inreasing 8.8% for 2021 and they see the dividend increasing to .72 cents by late 2021 or early 2022