Toronto-Dominion Bank (TSE:TD – Free Report) (NYSE:TD) had its price objective increased by Royal Bank Of Canada from C$133.00 to C$148.00 in a report released on Friday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.
Several other analysts have also commented on TD. Canaccord Genuity Group raised their target price on Toronto-Dominion Bank from C$141.00 to C$147.00 and gave the stock a “buy” rating in a report on Friday. National Bank Financial upped their price objective on Toronto-Dominion Bank from C$138.00 to C$146.00 and gave the stock an “outperform” rating in a research report on Friday. Barclays raised their price objective on shares of Toronto-Dominion Bank from C$133.00 to C$135.00 in a research note on Friday. Bank of America boosted their target price on shares of Toronto-Dominion Bank from C$130.00 to C$132.00 in a research note on Friday, December 5th. Finally, Jefferies Financial Group dropped their price target on shares of Toronto-Dominion Bank from C$130.00 to C$128.00 in a research report on Wednesday, February 11th. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$139.50.
Toronto-Dominion Bank Stock Down 1.7%
Toronto-Dominion Bank (TSE:TD – Get Free Report) (NYSE:TD) last posted its quarterly earnings results on Thursday, February 26th. The company reported C$2.44 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%. Sell-side analysts anticipate that Toronto-Dominion Bank will post 7.2160149 earnings per share for the current fiscal year.
Toronto-Dominion Bank News Roundup
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.
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.
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