Toronto-Dominion Bank (TSE:TD – Free Report) (NYSE:TD) had its price objective increased by National Bank Financial from C$138.00 to C$146.00 in a research report report published on Friday morning,BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.
TD has been the topic of a number of other research reports. BMO Capital Markets raised their price target on shares of Toronto-Dominion Bank from C$135.00 to C$144.00 and gave the company an “outperform” rating in a report on Friday. Scotiabank increased their price objective on shares of Toronto-Dominion Bank from C$125.00 to C$132.00 in a research report on Friday, January 9th. Raymond James Financial raised their target price on shares of Toronto-Dominion Bank from C$122.00 to C$138.00 and gave the stock a “market perform” rating in a report on Tuesday, February 17th. Canaccord Genuity Group boosted their target price on shares of Toronto-Dominion Bank from C$141.00 to C$147.00 and gave the company a “buy” rating in a research note on Friday. Finally, Canadian Imperial Bank of Commerce increased their price target on Toronto-Dominion Bank from C$136.00 to C$140.00 and gave the company a “neutral” rating in a report on Friday. Six investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Toronto-Dominion Bank presently has an average rating of “Moderate Buy” and a consensus target price of C$139.50.
Toronto-Dominion Bank Trading Down 1.7%
Toronto-Dominion Bank (TSE:TD – Get Free Report) (NYSE:TD) last released 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 company had revenue of C$16.63 billion for the quarter. On average, equities research analysts forecast that Toronto-Dominion Bank will post 7.2160149 EPS for the current fiscal year.
More Toronto-Dominion Bank News
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.
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.
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