Toronto-Dominion Bank (TSE:TD) Price Target Raised to C$141.00

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price objective lifted by Canaccord Genuity Group from C$131.00 to C$141.00 in a report issued on Thursday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Other equities analysts also recently issued research reports about the company. Raymond James Financial upped their target price on Toronto-Dominion Bank from C$119.00 to C$122.00 and gave the company a “market perform” rating in a report on Friday, December 5th. Barclays boosted their price objective on shares of Toronto-Dominion Bank from C$114.00 to C$118.00 and gave the company an “underweight” rating in a research report on Friday, December 5th. Jefferies Financial Group reduced their price target on shares of Toronto-Dominion Bank from C$130.00 to C$128.00 in a research report on Wednesday. Scotiabank increased their price target on shares of Toronto-Dominion Bank from C$125.00 to C$132.00 in a research note on Friday, January 9th. Finally, UBS Group lifted their price objective on Toronto-Dominion Bank from C$122.00 to C$126.00 in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Toronto-Dominion Bank currently has an average rating of “Moderate Buy” and a consensus target price of C$131.33.

Toronto-Dominion Bank Trading Down 0.2%

TD stock opened at C$129.93 on Thursday. The stock has a market capitalization of C$217.86 billion, a price-to-earnings ratio of 11.24, a PEG ratio of 1.22 and a beta of 1.00. The firm’s 50-day moving average price is C$129.22 and its two-hundred day moving average price is C$116.35. Toronto-Dominion Bank has a 12-month low of C$78.06 and a 12-month high of C$134.50.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last posted its earnings results on Thursday, December 4th. The company reported C$2.18 earnings per share (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$16.03 billion for the quarter. Equities analysts predict that Toronto-Dominion Bank will post 7.2160149 EPS for the current year.

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.