Toronto-Dominion Bank (TSE:TD – Get Free Report) (NYSE:TD) had its price target boosted by equities research analysts at Canadian Imperial Bank of Commerce from C$151.00 to C$164.00 in a research report issued on Friday,BayStreet.CA reports. The firm currently has a “neutral” rating on the stock. Canadian Imperial Bank of Commerce’s target price indicates a potential upside of 5.77% from the company’s previous close.
TD has been the topic of several other research reports. Raymond James Financial upgraded Toronto-Dominion Bank from a “hold” rating to a “moderate buy” rating and boosted their price target for the company from C$141.00 to C$152.50 in a research note on Tuesday, May 12th. Canaccord Genuity Group boosted their price objective on Toronto-Dominion Bank from C$158.00 to C$169.00 and gave the company a “buy” rating in a report on Friday. Jefferies Financial Group boosted their price objective on Toronto-Dominion Bank from C$134.00 to C$142.00 in a report on Wednesday, May 20th. Desjardins boosted their price objective on Toronto-Dominion Bank from C$145.00 to C$154.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Scotiabank raised Toronto-Dominion Bank from a “sector perform” rating to a “sector outperform” rating and boosted their price objective for the company from C$142.00 to C$150.00 in a report on Monday, May 4th. Seven research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Toronto-Dominion Bank presently has an average rating of “Moderate Buy” and a consensus target price of C$148.50.
Check Out Our Latest Report on TD
Toronto-Dominion Bank Price Performance
Toronto-Dominion Bank (TSE:TD – Get Free Report) (NYSE:TD) last posted its quarterly earnings results on Thursday, May 28th. The company reported C$2.38 earnings per share for the quarter. The business had revenue of C$16.04 billion for the quarter. Toronto-Dominion Bank had a return on equity of 17.26% and a net margin of 19.11%. Research analysts forecast that Toronto-Dominion Bank will post 7.2160149 earnings per share for the current fiscal year.
Toronto-Dominion Bank Company Profile
TD Asset Management Inc (‘TDAM’), a member of TD Bank Group, is a Canadian investment management firm with a growing global presence. Bringing together three decades of investment experience, our broad selection of strategies and solutions includes fundamental equities, quantitative and passive equities, fixed income across the credit quality spectrum and alternatives, such as private credit, infrastructure and real estate. TDAM offers institutional investment solutions to corporations, pension funds, endowments and foundations, sovereign wealth funds and superannuation funds, among others.
See Also
- Five stocks we like better than Toronto-Dominion Bank
- Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
- Salesforce Stock Finds Support as AI Momentum Builds
- Dollar Tree Keeps Winning After Family Dollar Divorce
- Apple’s Agentic AI Plans Could Be Its Biggest Growth Story Yet
Receive News & Ratings for Toronto-Dominion Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toronto-Dominion Bank and related companies with MarketBeat.com's FREE daily email newsletter.
