The Toronto-Dominion Bank (TSE:TD) Receives C$139.83 Average PT from Brokerages

Shares of The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) have received a consensus rating of “Moderate Buy” from the ten research firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is C$139.00.

A number of research firms have commented on TD. Bank of America upped their price objective on shares of Toronto-Dominion Bank from C$130.00 to C$132.00 in a research note on Friday, December 5th. Royal Bank Of Canada cut their price target on shares of Toronto-Dominion Bank from C$148.00 to C$138.00 and set an “outperform” rating on the stock in a report on Wednesday. Canaccord Genuity Group upped their price target on shares of Toronto-Dominion Bank from C$147.00 to C$149.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Scotiabank raised their price objective on shares of Toronto-Dominion Bank from C$132.00 to C$142.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. Finally, National Bank Financial lifted their price objective on shares of Toronto-Dominion Bank from C$138.00 to C$146.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th.

Toronto-Dominion Bank Trading Up 1.3%

TSE:TD opened at C$130.32 on Friday. The company has a 50-day moving average of C$130.56 and a 200-day moving average of C$121.99. The firm has a market cap of C$217.48 billion, a price-to-earnings ratio of 10.55, a price-to-earnings-growth ratio of 1.22 and a beta of 0.98. Toronto-Dominion Bank has a twelve month low of C$78.06 and a twelve month high of C$136.49.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last announced its quarterly earnings data on Thursday, February 26th. The company reported C$2.44 EPS for the quarter. The company had revenue of C$16.63 billion during the quarter. Toronto-Dominion Bank had a return on equity of 17.26% and a net margin of 19.11%. On average, research analysts forecast that Toronto-Dominion Bank will post 7.2160149 earnings per share 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.