Canaccord Genuity Group Forecasts Strong Price Appreciation for Toronto-Dominion Bank (TSE:TD) Stock

Posted by George Bondi on Jul 7th, 2026

Toronto-Dominion Bank (TSE:TD – Get Free Report) (NYSE:TD) had its price target raised by equities researchers at Canaccord Genuity Group from C$169.00 to C$185.00 in a report issued on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 7.50% from the company’s previous close.

Several other research firms have also commented on TD. Raymond James Financial boosted their price target on Toronto-Dominion Bank from C$152.50 to C$155.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Jefferies Financial Group lifted their target price on Toronto-Dominion Bank from C$134.00 to C$142.00 in a research note on Wednesday, May 20th. Barclays lifted their price objective on shares of Toronto-Dominion Bank from C$135.00 to C$140.00 and gave the stock an “underweight” rating in a research report on Friday, May 29th. National Bank Financial boosted their price objective on shares of Toronto-Dominion Bank from C$157.00 to C$162.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Finally, Royal Bank Of Canada decreased their target price on shares of Toronto-Dominion Bank from C$148.00 to C$138.00 and set an “outperform” rating for the company in a research report on Wednesday, March 25th. Seven research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Toronto-Dominion Bank has a consensus rating of “Moderate Buy” and a consensus target price of C$151.42.

View Our Latest Analysis on TD

Toronto-Dominion Bank Stock Up 0.5%

Shares of TSE TD traded up C$0.78 during midday trading on Tuesday, reaching C$172.10. 4,735,927 shares of the company’s stock traded hands, compared to its average volume of 5,601,684. The company has a market cap of C$284.32 billion, a price-to-earnings ratio of 20.20, a P/E/G ratio of 1.22 and a beta of 0.89. The stock’s 50 day simple moving average is C$157.03 and its 200-day simple moving average is C$140.58. Toronto-Dominion Bank has a one year low of C$99.51 and a one year high of C$172.98.

Toronto-Dominion Bank (TSE:TD – Get Free Report) (NYSE:TD) last issued its quarterly earnings data on Thursday, May 28th. The company reported C$2.38 EPS for the quarter. The company had revenue of C$16.04 billion during the quarter. Toronto-Dominion Bank had a net margin of 13.21% and a return on equity of 11.85%. Equities analysts predict that Toronto-Dominion Bank will post 7.2160149 EPS for the current fiscal year.

Insider Buying and Selling

In other Toronto-Dominion Bank news, insider Paul Martyn Clark sold 27,649 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of C$161.22, for a total transaction of C$4,457,571.78. Following the transaction, the insider owned 260 shares in the company, valued at approximately C$41,917.20. This represents a 99.07% decrease in their position. Also, insider Kelvin Vi Luan Tran sold 8,498 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of C$156.61, for a total transaction of C$1,330,871.78. Following the completion of the transaction, the insider directly owned 26,677 shares of the company’s stock, valued at approximately C$4,177,884.97. This represents a 24.16% decrease in their position. 0.08% of the stock is owned by company insiders.

About Toronto-Dominion Bank

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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.