Toronto-Dominion Bank (TSE:TD) Price Target Raised to C$133.00

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price objective boosted by equities researchers at Royal Bank Of Canada from C$128.00 to C$133.00 in a note issued to investors on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target would indicate a potential upside of 0.83% from the company’s previous close.

Several other research firms also recently weighed in on TD. Barclays lifted their price target on shares of Toronto-Dominion Bank from C$114.00 to C$118.00 and gave the company an “underweight” rating in a research note on Friday, December 5th. UBS Group increased their target price on Toronto-Dominion Bank from C$122.00 to C$126.00 in a report on Monday, December 8th. Natl Bk Canada upgraded shares of Toronto-Dominion Bank from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 17th. Bank of America boosted their target price on shares of Toronto-Dominion Bank from C$130.00 to C$132.00 in a research report on Friday, December 5th. Finally, Canaccord Genuity Group upped their target price on shares of Toronto-Dominion Bank from C$122.00 to C$126.00 in a report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Toronto-Dominion Bank currently has an average rating of “Moderate Buy” and a consensus price target of C$128.58.

Toronto-Dominion Bank Trading Up 1.6%

TD stock traded up C$2.09 during midday trading on Monday, hitting C$131.91. The stock had a trading volume of 2,894,501 shares, compared to its average volume of 5,717,475. The firm has a market cap of C$222.86 billion, a P/E ratio of 11.41, a price-to-earnings-growth ratio of 1.22 and a beta of 1.03. The business has a fifty day moving average price of C$120.39 and a two-hundred day moving average price of C$110.19. Toronto-Dominion Bank has a 1-year low of C$76.33 and a 1-year high of C$132.20.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last posted its quarterly earnings data on Thursday, December 4th. The company reported C$2.18 earnings per share for the quarter. Toronto-Dominion Bank had a return on equity of 7.84% and a net margin of 15.80%.The firm had revenue of C$16.03 billion during the quarter. On average, equities analysts anticipate that Toronto-Dominion Bank will post 7.2160149 EPS 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.