Toronto-Dominion Bank (TSE:TD) Price Target Raised to C$138.00

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target upped by National Bank Financial from C$134.00 to C$138.00 in a report issued on Tuesday,BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.

TD has been the subject of several other reports. Canaccord Genuity Group upped their target price on Toronto-Dominion Bank from C$131.00 to C$141.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Barclays upped 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 research note on Friday, December 5th. Raymond James Financial raised their target price on shares of Toronto-Dominion Bank from C$122.00 to C$138.00 and gave the stock a “market perform” rating in a research report on Tuesday. Canadian Imperial Bank of Commerce lowered shares of Toronto-Dominion Bank from an “outperform” rating to a “hold” rating and upped their price target for the stock from C$129.00 to C$136.00 in a research report on Friday, February 13th. Finally, Desjardins increased their price target on shares of Toronto-Dominion Bank from C$133.00 to C$139.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of C$134.25.

Toronto-Dominion Bank Stock Performance

Shares of TD opened at C$131.27 on Tuesday. Toronto-Dominion Bank has a 1 year low of C$78.06 and a 1 year high of C$134.50. The company’s 50 day simple moving average is C$129.72 and its 200 day simple moving average is C$117.07. The company has a market capitalization of C$220.11 billion, a price-to-earnings ratio of 11.36, a PEG ratio of 1.22 and a beta of 1.00.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last released its earnings results on Thursday, December 4th. The company reported C$2.18 EPS for the quarter. Toronto-Dominion Bank had a net margin of 15.80% and a return on equity of 7.84%. The firm had revenue of C$16.03 billion during the quarter. Equities analysts expect that Toronto-Dominion Bank will post 7.2160149 EPS for the current fiscal 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.