Toronto-Dominion Bank (TSE:TD) Price Target Raised to C$140.00

Toronto-Dominion Bank (TSE:TDFree Report) (NYSE:TD) had its price target hoisted by Canadian Imperial Bank of Commerce from C$136.00 to C$140.00 in a research report sent to investors on Friday morning,BayStreet.CA reports. The brokerage currently has a neutral rating on the stock.

A number of other analysts have also recently weighed in on TD. UBS Group increased their price objective on shares of Toronto-Dominion Bank from C$122.00 to C$126.00 in a report on Monday, December 8th. Bank of America upped their target price on shares of Toronto-Dominion Bank from C$130.00 to C$132.00 in a research report on Friday, December 5th. Desjardins raised their price target on shares of Toronto-Dominion Bank from C$133.00 to C$139.00 and gave the company a “buy” rating in a research note on Monday, February 9th. National Bank Financial boosted their price objective on Toronto-Dominion Bank from C$134.00 to C$138.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Finally, Canaccord Genuity Group increased their price objective on Toronto-Dominion Bank from C$141.00 to C$147.00 and gave the stock a “buy” rating in a report on Friday. Six analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$139.50.

Read Our Latest Stock Report on TD

Toronto-Dominion Bank Trading Down 1.7%

Shares of TSE TD opened at C$132.88 on Friday. Toronto-Dominion Bank has a 12-month low of C$78.06 and a 12-month high of C$136.49. The company has a market cap of C$222.81 billion, a price-to-earnings ratio of 11.49, a price-to-earnings-growth ratio of 1.22 and a beta of 1.00. The stock’s 50 day simple moving average is C$130.43 and its 200 day simple moving average is C$118.64.

Toronto-Dominion Bank (TSE:TDGet Free Report) (NYSE:TD) last issued its quarterly earnings data on Thursday, February 26th. The company reported C$2.44 EPS for the quarter. Toronto-Dominion Bank had a return on equity of 7.84% and a net margin of 15.80%.The firm had revenue of C$16.63 billion during the quarter. As a group, equities analysts forecast that Toronto-Dominion Bank will post 7.2160149 earnings per share for the current fiscal year.

Key Headlines Impacting Toronto-Dominion Bank

Here are the key news stories impacting Toronto-Dominion Bank this week:

  • Positive Sentiment: Record Q1 results — TD reported C$2.44 EPS and C$16.63B in revenue, with management highlighting strong performance across Canadian and U.S. retail and markets businesses, plus a sizable renewed buyback and wealth‑business consolidation. This supports fundamentals and capital return. Toronto Dominion Bank Earnings Strength And Wealth Shift Test Valuation
  • Positive Sentiment: Broad analyst upgrades — Multiple firms raised price targets, notably RBC to C$148, Canaccord to C$147, National Bank to C$146, BMO to C$144, Desjardins to C$145 and Scotiabank to C$142, reflecting conviction that earnings and capital actions support further upside. Analyst Ratings Roundup
  • Neutral Sentiment: Some firms maintained neutral/market‑perform stances despite higher targets — CIBC raised its target but stayed neutral (C$140), and Raymond James kept a market‑perform view, indicating not all analysts see immediate strong upside. Analyst Ratings Roundup TickerReport: CIBC
  • Neutral Sentiment: Minor raises with limited upside — Barclays raised its target modestly (to C$135), implying only small near‑term upside from current levels. Analyst Ratings Roundup
  • Negative Sentiment: Valuation and profit‑taking pressure — Coverage pointing out a ~63% one‑year gain and questions about whether the stock is fully priced may be prompting sellers and trimming by momentum investors. This valuation narrative can offset positive earnings news. Is It Too Late To Consider Toronto-Dominion Bank
  • Negative Sentiment: Price softness today — despite the bullish analyst revisions and strong results, the stock traded lower as investors likely digested valuation risk and rotated profits; watch whether follow‑through selling continues or buyers step in on the analyst‑led support.

About Toronto-Dominion Bank

(Get Free Report)

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.

See Also

Analyst Recommendations for Toronto-Dominion Bank (TSE:TD)

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