Toronto-Dominion Bank (TSE:TD) Given New C$138.00 Price Target at Raymond James Financial

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price objective increased by Raymond James Financial from C$122.00 to C$138.00 in a research report released on Tuesday,BayStreet.CA reports. They currently have a market perform rating on the stock.

Several other equities research analysts also recently issued reports on the company. Barclays increased their target price on Toronto-Dominion Bank from C$114.00 to C$118.00 and gave the stock an “underweight” rating in a research report on Friday, December 5th. Royal Bank Of Canada increased their price objective 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. Jefferies Financial Group cut their target price on Toronto-Dominion Bank from C$130.00 to C$128.00 in a research note on Wednesday, February 11th. Scotiabank upped their price target on Toronto-Dominion Bank from C$125.00 to C$132.00 in a research report on Friday, January 9th. Finally, Canaccord Genuity Group increased their price target on shares of Toronto-Dominion Bank from C$131.00 to C$141.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of C$133.00.

Toronto-Dominion Bank Stock Up 0.4%

Shares of TSE:TD opened at C$130.40 on Tuesday. The firm has a market capitalization of C$218.65 billion, a PE ratio of 11.28, a P/E/G ratio of 1.22 and a beta of 1.00. The company has a 50-day moving average price of C$129.51 and a two-hundred day moving average price of C$116.87. Toronto-Dominion Bank has a twelve month low of C$78.06 and a twelve month high of C$134.50.

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