Toronto-Dominion Bank (TSE:TD – Free Report) (NYSE:TD) had its price objective lifted by Royal Bank Of Canada from C$133.00 to C$148.00 in a research report sent to investors on Friday morning,BayStreet.CA reports. Royal Bank Of Canada currently has an outperform rating on the stock.
Several other equities analysts have also commented on the company. Raymond James Financial raised their price target 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. Scotiabank increased their target price on shares of Toronto-Dominion Bank from C$125.00 to C$132.00 in a report on Friday, January 9th. National Bank Financial boosted their price target on shares of Toronto-Dominion Bank from C$138.00 to C$146.00 and gave the company an “outperform” rating in a report on Friday. UBS Group upped their price target on shares of Toronto-Dominion Bank from C$122.00 to C$126.00 in a research report on Monday, December 8th. Finally, Barclays increased their price objective on shares of Toronto-Dominion Bank from C$133.00 to C$135.00 in a research note on Friday. Six analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$139.50.
Check Out Our Latest Report on Toronto-Dominion Bank
Toronto-Dominion Bank Stock Performance
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. The company had revenue of C$16.63 billion for the quarter. Toronto-Dominion Bank had a return on equity of 7.84% and a net margin of 15.80%. Analysts forecast that Toronto-Dominion Bank will post 7.2160149 earnings per share for the current year.
Toronto-Dominion Bank News Summary
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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