Toronto-Dominion Bank (TSE:TD) Price Target Raised to C$142.00

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its target price boosted by Canadian Imperial Bank of Commerce from C$140.00 to C$142.00 in a research note published on Thursday morning,BayStreet.CA reports.

Several other research analysts also recently weighed in on the stock. UBS Group upped their target price on shares of Toronto-Dominion Bank from C$122.00 to C$126.00 in a report on Monday, December 8th. Bank of America boosted their price objective on Toronto-Dominion Bank from C$130.00 to C$132.00 in a research report on Friday, December 5th. Royal Bank Of Canada upped 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, February 27th. Canaccord Genuity Group lifted their price objective on shares of Toronto-Dominion Bank from C$141.00 to C$147.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Finally, National Bank Financial boosted their target price on shares of Toronto-Dominion Bank from C$138.00 to C$146.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Six analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$139.67.

Toronto-Dominion Bank Trading Down 2.0%

Toronto-Dominion Bank stock opened at C$130.06 on Thursday. Toronto-Dominion Bank has a 12-month low of C$78.06 and a 12-month high of C$136.49. The firm has a market capitalization of C$218.08 billion, a price-to-earnings ratio of 11.25, a P/E/G ratio of 1.22 and a beta of 0.98. The firm has a 50 day moving average of C$130.86 and a 200 day moving average of C$119.61.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last issued its quarterly earnings results on Thursday, February 26th. The company reported C$2.44 earnings per share for the quarter. The business had revenue of C$16.63 billion for the quarter. Toronto-Dominion Bank had a net margin of 19.11% and a return on equity of 17.26%. On average, analysts predict that Toronto-Dominion Bank will post 7.2160149 EPS 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.