Toronto-Dominion Bank (TSE:TD) Stock Price Expected to Rise, Scotiabank Analyst Says

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target boosted by analysts at Scotiabank from C$132.00 to C$142.00 in a research note issued on Friday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s price objective would indicate a potential upside of 6.86% from the company’s previous close.

A number of other brokerages have also commented on TD. BMO Capital Markets increased their price target on Toronto-Dominion Bank from C$135.00 to C$144.00 and gave the company an “outperform” rating in a research note on Friday. Royal Bank Of Canada boosted their price objective on Toronto-Dominion Bank from C$133.00 to C$148.00 and gave the stock an “outperform” rating in a research note on Friday. Jefferies Financial Group lowered their target price on shares of Toronto-Dominion Bank from C$130.00 to C$128.00 in a report on Wednesday, February 11th. Desjardins lifted their target price on Toronto-Dominion Bank from C$139.00 to C$145.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Raymond James Financial boosted their price target on 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. Six equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$139.50.

Toronto-Dominion Bank Stock Performance

Shares of TSE:TD opened at C$132.88 on Friday. The firm has a market cap of C$222.81 billion, a price-to-earnings ratio of 11.49, a P/E/G ratio of 1.22 and a beta of 1.00. The firm has a fifty day moving average price of C$130.43 and a 200 day moving average price of C$118.53. Toronto-Dominion Bank has a fifty-two week low of C$78.06 and a fifty-two week high of C$136.49.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last announced its quarterly 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 for the quarter. Toronto-Dominion Bank had a net margin of 15.80% and a return on equity of 7.84%. As a group, research analysts predict that Toronto-Dominion Bank will post 7.2160149 earnings per share for the current year.

Key Headlines Impacting Toronto-Dominion Bank

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.