Analysts Set The Toronto-Dominion Bank (TSE:TD) PT at C$129.17

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) has earned an average recommendation of “Moderate Buy” from the ten brokerages that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$129.17.

TD has been the topic of several research analyst reports. Raymond James Financial upped their price objective on Toronto-Dominion Bank from C$119.00 to C$122.00 and gave the company a “market perform” rating in a research report on Friday, December 5th. Scotiabank upped their price target on shares of Toronto-Dominion Bank from C$125.00 to C$132.00 in a report on Friday, January 9th. Barclays lifted 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 report on Friday, December 5th. Natl Bk Canada upgraded shares of Toronto-Dominion Bank from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 17th. Finally, Jefferies Financial Group lifted their price target on shares of Toronto-Dominion Bank from C$125.00 to C$130.00 in a research note on Friday, December 5th.

Toronto-Dominion Bank Stock Performance

TSE TD opened at C$130.20 on Friday. The business’s 50 day moving average price is C$127.13 and its 200-day moving average price is C$114.80. Toronto-Dominion Bank has a fifty-two week low of C$78.06 and a fifty-two week high of C$132.72. The company has a market cap of C$218.32 billion, a P/E ratio of 11.26, a P/E/G ratio of 1.22 and a beta of 1.00.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last announced its earnings results on Thursday, December 4th. The company reported C$2.18 earnings per share for the quarter. The business had revenue of C$16.03 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, 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.