Toronto-Dominion Bank (TSE:TD – Get Free Report) (NYSE:TD) had its price objective hoisted by research analysts at Canadian Imperial Bank of Commerce from C$142.00 to C$151.00 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage presently has a “neutral” rating on the stock. Canadian Imperial Bank of Commerce’s target price would suggest a potential upside of 1.82% from the stock’s previous close.
Other equities research analysts also recently issued research reports about the stock. 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 research report on Friday, February 27th. BMO Capital Markets boosted their price objective on shares of Toronto-Dominion Bank from C$135.00 to C$144.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Scotiabank raised shares of 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 research report on Monday, May 4th. Raymond James Financial raised shares of Toronto-Dominion Bank from a “hold” rating to a “moderate buy” rating and boosted their price objective for the company from C$141.00 to C$152.50 in a research report on Tuesday. Finally, Barclays boosted their price objective on shares of Toronto-Dominion Bank from C$133.00 to C$135.00 in a research report on Friday, February 27th. Seven 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$143.04.
View Our Latest Analysis on TD
Toronto-Dominion Bank Price Performance
Toronto-Dominion Bank (TSE:TD – Get Free Report) (NYSE:TD) last released its earnings results on Thursday, February 26th. The company reported C$2.44 earnings per share for the quarter. The company had revenue of C$16.63 billion during the quarter. Toronto-Dominion Bank had a net margin of 19.11% and a return on equity of 17.26%. 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.
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