Toronto-Dominion Bank (TSE:TD) Given New C$133.00 Price Target at Barclays

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its target price increased by Barclays from C$118.00 to C$133.00 in a report released on Thursday morning,BayStreet.CA reports.

Other research analysts have also issued research reports about the stock. Raymond James Financial lifted their price objective 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 note on Tuesday. Desjardins lifted 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 report on Monday, February 9th. UBS Group upped their price objective on shares of Toronto-Dominion Bank from C$122.00 to C$126.00 in a research report on Monday, December 8th. Jefferies Financial Group reduced their target price on Toronto-Dominion Bank from C$130.00 to C$128.00 in a report on Wednesday, February 11th. Finally, Royal Bank Of Canada increased their price target on Toronto-Dominion Bank from C$128.00 to C$133.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of C$134.25.

Toronto-Dominion Bank Stock Down 0.3%

TSE:TD opened at C$131.27 on Thursday. Toronto-Dominion Bank has a 12-month low of C$78.06 and a 12-month high of C$134.50. The stock’s fifty day simple moving average is C$129.72 and its 200-day simple moving average is C$117.07. The firm has a market capitalization of C$220.11 billion, a P/E ratio of 11.36, a P/E/G 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 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 for the quarter. As a group, equities research analysts expect 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.