Royal Bank Of Canada Raises Toronto-Dominion Bank (TSE:TD) Price Target to C$148.00

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target raised by equities researchers at Royal Bank Of Canada from C$133.00 to C$148.00 in a report issued on Friday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 11.38% from the stock’s previous close.

TD has been the topic of several other research reports. Jefferies Financial Group lowered their price target on shares of Toronto-Dominion Bank from C$130.00 to C$128.00 in a research report on Wednesday, February 11th. Raymond James Financial lifted 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 research note on Tuesday, February 17th. Desjardins boosted their price objective on Toronto-Dominion Bank from C$139.00 to C$145.00 and gave the company a “buy” rating in a research note on Friday. Canaccord Genuity Group increased their price objective on Toronto-Dominion Bank from C$141.00 to C$147.00 and gave the stock a “buy” rating in a report on Friday. Finally, Barclays raised their target price on Toronto-Dominion Bank from C$133.00 to C$135.00 in a research note on Friday. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$139.50.

Toronto-Dominion Bank Price Performance

TSE:TD opened at C$132.88 on Friday. The company has a market capitalization of C$222.81 billion, a P/E ratio of 11.49, a P/E/G ratio of 1.22 and a beta of 1.00. The business has a fifty day simple moving average of C$130.43 and a two-hundred day simple moving average of C$118.53. Toronto-Dominion Bank has a 1 year low of C$78.06 and a 1 year high of C$136.49.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last posted its quarterly earnings results on Thursday, February 26th. The company reported C$2.44 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 company had revenue of C$16.63 billion during the quarter. As a group, analysts anticipate that Toronto-Dominion Bank will post 7.2160149 earnings per share for the current year.

Toronto-Dominion Bank News Summary

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.

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.