Raymond James Financial Forecasts Strong Price Appreciation for Toronto-Dominion Bank (TSE:TD) Stock

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price objective increased by analysts at Raymond James Financial from C$138.00 to C$141.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm presently has a “market perform” rating on the stock. Raymond James Financial’s target price points to a potential upside of 6.11% from the stock’s current price.

TD has been the topic of a number of other reports. Jefferies Financial Group decreased their price objective on Toronto-Dominion Bank from C$130.00 to C$128.00 in a report on Wednesday, February 11th. UBS Group upped their price target on Toronto-Dominion Bank from C$122.00 to C$126.00 in a research note on Monday, December 8th. Bank of America increased their price target on Toronto-Dominion Bank from C$130.00 to C$132.00 in a report on Friday, December 5th. Canadian Imperial Bank of Commerce raised their price objective on Toronto-Dominion Bank from C$136.00 to C$140.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, Royal Bank Of Canada upped their target price on shares of Toronto-Dominion Bank from C$133.00 to C$148.00 and gave the company an “outperform” rating in a research report on Friday. Six equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$139.50.

Toronto-Dominion Bank Trading Down 1.7%

Toronto-Dominion Bank stock opened at C$132.88 on Friday. Toronto-Dominion Bank has a 12-month low of C$78.06 and a 12-month high of C$136.49. The stock has a market cap of C$222.81 billion, a P/E ratio of 11.49, a PEG ratio of 1.22 and a beta of 1.00. The company has a 50-day moving average price of C$130.43 and a 200 day moving average price of C$118.53.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last posted its earnings results on Thursday, February 26th. The company reported C$2.44 earnings per share for the quarter. Toronto-Dominion Bank had a net margin of 15.80% and a return on equity of 7.84%. The company had revenue of C$16.63 billion for the quarter. As a group, analysts forecast that Toronto-Dominion Bank will post 7.2160149 EPS for the current year.

Toronto-Dominion Bank News Roundup

Here are the key news stories impacting Toronto-Dominion Bank this week:

• Positive Sentiment: Record Q1 results — TD reported C$2.44 EPS and C$16.63B in revenue, with management highlighting strong performance across Canadian and U.S. retail and markets businesses, plus a sizable renewed buyback and wealth‑business consolidation. This supports fundamentals and capital return. Toronto Dominion Bank Earnings Strength And Wealth Shift Test Valuation
• Positive Sentiment: Broad analyst upgrades — Multiple firms raised price targets, notably RBC to C$148, Canaccord to C$147, National Bank to C$146, BMO to C$144, Desjardins to C$145 and Scotiabank to C$142, reflecting conviction that earnings and capital actions support further upside. Analyst Ratings Roundup
• Neutral Sentiment: Some firms maintained neutral/market‑perform stances despite higher targets — CIBC raised its target but stayed neutral (C$140), and Raymond James kept a market‑perform view, indicating not all analysts see immediate strong upside. Analyst Ratings Roundup TickerReport: CIBC
• Neutral Sentiment: Minor raises with limited upside — Barclays raised its target modestly (to C$135), implying only small near‑term upside from current levels. Analyst Ratings Roundup
• Negative Sentiment: Valuation and profit‑taking pressure — Coverage pointing out a ~63% one‑year gain and questions about whether the stock is fully priced may be prompting sellers and trimming by momentum investors. This valuation narrative can offset positive earnings news. Is It Too Late To Consider Toronto-Dominion Bank
• Negative Sentiment: Price softness today — despite the bullish analyst revisions and strong results, the stock traded lower as investors likely digested valuation risk and rotated profits; watch whether follow‑through selling continues or buyers step in on the analyst‑led support.

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.