Toronto-Dominion Bank (TSE:TD) Price Target Raised to C$139.00 at Desjardins

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price objective increased by Desjardins from C$133.00 to C$139.00 in a research report report published on Monday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

TD has been the topic of several other reports. Raymond James Financial upped their target price on shares of Toronto-Dominion Bank from C$119.00 to C$122.00 and gave the stock a “market perform” rating in a research report on Friday, December 5th. Bank of America upped their price target on Toronto-Dominion Bank from C$130.00 to C$132.00 in a report on Friday, December 5th. National Bankshares raised Toronto-Dominion Bank from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from C$124.00 to C$134.00 in a report on Thursday, December 18th. UBS Group upped their target price on Toronto-Dominion Bank from C$122.00 to C$126.00 in a report on Monday, December 8th. Finally, Scotiabank lifted their price target on Toronto-Dominion Bank from C$125.00 to C$132.00 in a research note on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, five have assigned 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 has a consensus rating of “Moderate Buy” and a consensus price target of C$129.67.

Toronto-Dominion Bank Price Performance

Shares of TD stock opened at C$133.17 on Monday. The business’s fifty day moving average price is C$128.26 and its 200 day moving average price is C$115.62. The firm has a market capitalization of C$223.30 billion, a PE ratio of 11.52, a P/E/G ratio of 1.22 and a beta of 1.00. Toronto-Dominion Bank has a 1-year low of C$78.06 and a 1-year high of C$133.34.

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. Toronto-Dominion Bank had a net margin of 15.80% and a return on equity of 7.84%. The company had revenue of C$16.03 billion for the quarter. Equities research analysts expect that Toronto-Dominion Bank will post 7.2160149 earnings per share for the current fiscal year.

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.