The Toronto-Dominion Bank (TSE:TD) Receives Average Recommendation of “Hold” from Analysts

Shares of The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) have earned a consensus recommendation of “Hold” from the nine research firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is C$134.25.

TD has been the subject of a number of research reports. Barclays upped their target price on shares of Toronto-Dominion Bank from C$118.00 to C$133.00 in a report on Thursday, February 19th. Raymond James Financial upped their price objective on Toronto-Dominion Bank from C$122.00 to C$138.00 and gave the company a “market perform” rating in a research note on Tuesday, February 17th. BMO Capital Markets lifted their target price on Toronto-Dominion Bank from C$128.00 to C$135.00 in a research note on Wednesday, December 17th. National Bank Financial boosted their target price on Toronto-Dominion Bank from C$134.00 to C$138.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Finally, Bank of America increased their price target on Toronto-Dominion Bank from C$130.00 to C$132.00 in a report on Friday, December 5th.

Toronto-Dominion Bank Stock Down 1.1%

TD opened at C$131.30 on Tuesday. Toronto-Dominion Bank has a 52 week low of C$78.06 and a 52 week high of C$134.50. The business’s 50 day moving average is C$129.95 and its two-hundred day moving average is C$117.75. The firm has a market cap of C$220.16 billion, a price-to-earnings ratio of 11.36, a price-to-earnings-growth ratio of 1.22 and a beta of 1.00.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last announced its earnings results on Thursday, December 4th. The company reported C$2.18 EPS for the quarter. The business had revenue of C$16.03 billion for the quarter. Toronto-Dominion Bank had a net margin of 15.80% and a return on equity of 7.84%. Equities analysts expect that Toronto-Dominion Bank will post 7.2160149 EPS for the current fiscal year.

Toronto-Dominion Bank Company Profile

Toronto-Dominion is one of Canada’s two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank’s U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.