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

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price objective lifted by Barclays from C$118.00 to C$133.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. Barclays‘s target price would indicate a potential upside of 0.16% from the stock’s current price.

A number of other equities research analysts also recently weighed in on the company. Desjardins raised their price objective on Toronto-Dominion Bank from C$133.00 to C$139.00 and gave the company a “buy” rating in a research report on Monday, February 9th. BMO Capital Markets raised their price target on shares of Toronto-Dominion Bank from C$128.00 to C$135.00 in a research report on Wednesday, December 17th. Royal Bank Of Canada boosted their price target on Toronto-Dominion Bank from C$128.00 to C$133.00 and gave the company an “outperform” rating in a report on Monday, January 5th. Jefferies Financial Group dropped their target price on Toronto-Dominion Bank from C$130.00 to C$128.00 in a research report on Wednesday, February 11th. Finally, Scotiabank upped their price target on Toronto-Dominion Bank from C$125.00 to C$132.00 in a report on Friday, January 9th. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Toronto-Dominion Bank has a consensus rating of “Hold” and a consensus price target of C$134.25.

Toronto-Dominion Bank Trading Up 1.2%

Shares of TD opened at C$132.79 on Thursday. The firm has a fifty day moving average price of C$129.86 and a 200-day moving average price of C$117.30. The firm has a market capitalization of C$222.66 billion, a P/E ratio of 11.49, a P/E/G ratio of 1.22 and a beta of 1.00. Toronto-Dominion Bank has a 12-month low of C$78.06 and a 12-month high of C$134.50.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last issued its earnings results on Thursday, December 4th. The company reported C$2.18 EPS for the quarter. The business 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 predict 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.