Raymond James Financial Issues Positive Forecast for Toronto-Dominion Bank (TSE:TD) Stock Price

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price objective upped by Raymond James Financial from C$138.00 to C$141.00 in a report issued on Friday morning,BayStreet.CA reports. They currently have a market perform rating on the stock.

A number of other equities research analysts have also recently commented on the company. Canaccord Genuity Group increased their target price on Toronto-Dominion Bank from C$141.00 to C$147.00 and gave the company a “buy” rating in a report on Friday. Jefferies Financial Group reduced their price objective on Toronto-Dominion Bank from C$130.00 to C$128.00 in a research report on Wednesday, February 11th. BMO Capital Markets increased their price objective on Toronto-Dominion Bank from C$135.00 to C$144.00 and gave the company an “outperform” 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 note on Friday. Finally, UBS Group raised their price target on shares of Toronto-Dominion Bank from C$122.00 to C$126.00 in a research note on Monday, December 8th. Six analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$139.50.

Toronto-Dominion Bank Stock Performance

TSE TD traded down C$2.26 during trading hours on Friday, reaching C$132.88. The company’s stock had a trading volume of 7,269,816 shares, compared to its average volume of 6,900,221. The company’s 50-day moving average is C$130.43 and its two-hundred day moving average is C$118.41. Toronto-Dominion Bank has a fifty-two week low of C$78.06 and a fifty-two week high of C$136.49. The stock has a market cap of C$222.81 billion, a PE ratio of 11.49, a PEG ratio of 1.22 and a beta of 1.00.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last announced its quarterly earnings results on Thursday, February 26th. The company reported C$2.44 earnings per share (EPS) 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%. Equities analysts expect that Toronto-Dominion Bank will post 7.2160149 earnings per share for the current fiscal year.

Key Toronto-Dominion Bank News

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.