The Toronto-Dominion Bank (TSE:TD) Receives C$139.83 Average Target Price from Brokerages

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) has been given a consensus rating of “Moderate Buy” by the ten analysts that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have given a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is C$139.00.

Several analysts have issued reports on the stock. Raymond James Financial raised their price target on shares of Toronto-Dominion Bank from C$138.00 to C$141.00 and gave the stock a “market perform” rating in a research report on Friday, February 27th. Desjardins upped their price objective on shares of Toronto-Dominion Bank from C$139.00 to C$145.00 and gave the company a “buy” rating in a research report on Friday, February 27th. BMO Capital Markets increased their target price on shares of Toronto-Dominion Bank from C$135.00 to C$144.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. UBS Group lifted their target price on Toronto-Dominion Bank from C$122.00 to C$126.00 in a research report on Monday, December 8th. Finally, Jefferies Financial Group lowered their price target on Toronto-Dominion Bank from C$130.00 to C$128.00 in a research note on Wednesday, February 11th.

Toronto-Dominion Bank Trading Down 1.4%

TD opened at C$126.87 on Friday. The business has a 50 day moving average of C$130.44 and a 200-day moving average of C$122.20. The stock has a market capitalization of C$211.72 billion, a price-to-earnings ratio of 10.27, a P/E/G ratio of 1.22 and a beta of 0.98. Toronto-Dominion Bank has a 1-year low of C$78.06 and a 1-year high of C$136.49.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last announced its earnings results on Thursday, February 26th. The company reported C$2.44 earnings per share (EPS) for the quarter. The business had revenue of C$16.63 billion for the quarter. Toronto-Dominion Bank had a net margin of 19.11% and a return on equity of 17.26%. Equities analysts predict that Toronto-Dominion Bank will post 7.2160149 EPS for the current 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.