Analysts Set The Toronto-Dominion Bank (TSE:TD) Target Price at C$134.25

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) has been given an average recommendation of “Hold” by the nine analysts that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$134.25.

A number of research analysts have weighed in on the company. Canadian Imperial Bank of Commerce lowered Toronto-Dominion Bank from an “outperform” rating to a “hold” rating and raised their price objective for the company from C$129.00 to C$136.00 in a report on Friday, February 13th. Jefferies Financial Group decreased their price target on shares of Toronto-Dominion Bank from C$130.00 to C$128.00 in a research note on Wednesday, February 11th. UBS Group boosted their price target on shares of Toronto-Dominion Bank from C$122.00 to C$126.00 in a research report on Monday, December 8th. Raymond James Financial increased their price objective on shares of Toronto-Dominion Bank from C$122.00 to C$138.00 and gave the company a “market perform” rating in a report on Tuesday, February 17th. Finally, National Bank Financial raised their target price on shares of Toronto-Dominion Bank from C$134.00 to C$138.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 17th.

Toronto-Dominion Bank Trading Up 1.6%

Shares of Toronto-Dominion Bank stock opened at C$135.14 on Tuesday. Toronto-Dominion Bank has a twelve month low of C$78.06 and a twelve month high of C$135.88. The firm has a market capitalization of C$226.60 billion, a PE ratio of 11.69, a P/E/G ratio of 1.22 and a beta of 1.00. The firm’s 50-day moving average price is C$130.33 and its 200 day moving average price is C$118.18.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last announced its earnings results on Thursday, February 26th. The company reported C$2.44 EPS for the quarter. The business had revenue of C$16.63 billion during the quarter. Toronto-Dominion Bank had a return on equity of 7.84% and a net margin of 15.80%. On average, sell-side analysts predict 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.