Toronto-Dominion Bank (TSE:TD) Price Target Raised to C$147.00

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its target price increased by Canaccord Genuity Group from C$141.00 to C$147.00 in a research note published on Friday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

TD has been the topic of several other research reports. National Bank Financial raised their price objective on Toronto-Dominion Bank from C$134.00 to C$138.00 and gave the stock an “outperform” rating in a report on Tuesday, February 17th. Canadian Imperial Bank of Commerce downgraded Toronto-Dominion Bank from an “outperform” rating to a “hold” rating and increased their target price for the stock from C$129.00 to C$136.00 in a research report on Friday, February 13th. Scotiabank raised their price target on Toronto-Dominion Bank from C$125.00 to C$132.00 in a research note on Friday, January 9th. Bank of America lifted their price target on Toronto-Dominion Bank from C$130.00 to C$132.00 in a report on Friday, December 5th. Finally, BMO Capital Markets increased their price objective on shares of Toronto-Dominion Bank from C$128.00 to C$135.00 in a report on Wednesday, December 17th. Six analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Toronto-Dominion Bank presently has a consensus rating of “Moderate Buy” and a consensus price target of C$139.50.

Toronto-Dominion Bank Trading Down 1.7%

Shares of TD opened at C$132.88 on Friday. The stock has a market cap of C$222.81 billion, a P/E ratio of 11.49, a PEG ratio of 1.22 and a beta of 1.00. The company has a 50-day moving average of C$130.43 and a two-hundred day moving average of C$118.64. Toronto-Dominion Bank has a 12-month low of C$78.06 and a 12-month high of C$136.49.

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

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.