National Bank Financial Increases Toronto-Dominion Bank (TSE:TD) Price Target to C$146.00

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its target price lifted by equities research analysts at National Bank Financial from C$138.00 to C$146.00 in a research report issued on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price points to a potential upside of 10.13% from the company’s current price.

A number of other brokerages have also recently issued reports on TD. Royal Bank Of Canada boosted their price objective on Toronto-Dominion Bank from C$128.00 to C$133.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. Canaccord Genuity Group boosted their price target on Toronto-Dominion Bank from C$141.00 to C$147.00 and gave the company a “buy” rating in a research note on Friday. Canadian Imperial Bank of Commerce boosted their target price on shares of Toronto-Dominion Bank from C$136.00 to C$140.00 and gave the company a “neutral” rating in a research report on Friday. UBS Group raised 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, Bank of America raised their target price on shares of Toronto-Dominion Bank from C$130.00 to C$132.00 in a report on Friday, December 5th. Six research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to 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 1.9%

TSE:TD traded down C$2.57 on Friday, hitting C$132.57. The company’s stock had a trading volume of 2,044,466 shares, compared to its average volume of 6,765,620. Toronto-Dominion Bank has a one year low of C$78.06 and a one year high of C$136.49. The stock has a fifty day moving average of C$130.33 and a two-hundred day moving average of C$118.18. The firm has a market capitalization of C$222.29 billion, a P/E ratio of 11.47, a price-to-earnings-growth ratio of 1.22 and a beta of 1.00.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last issued its quarterly earnings data 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 for the quarter. Toronto-Dominion Bank had a net margin of 15.80% and a return on equity of 7.84%. As a group, sell-side analysts anticipate 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.