BMO Capital Markets Raises Toronto-Dominion Bank (TSE:TD) Price Target to C$86.00

Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD had its price objective raised by analysts at BMO Capital Markets from C$81.00 to C$86.00 in a research report issued on Friday, BayStreet.CA reports. BMO Capital Markets' target price would suggest a potential upside of 6.66% from the company's previous close.

A number of other research firms have also weighed in on TD. National Bankshares upped their price objective on Toronto-Dominion Bank from C$86.00 to C$92.00 and gave the stock a "sector perform" rating in a research note on Wednesday, December 20th. Canaccord Genuity Group boosted their price target on shares of Toronto-Dominion Bank from C$95.00 to C$96.00 and gave the company a "buy" rating in a report on Friday, March 1st. CIBC decreased their target price on shares of Toronto-Dominion Bank from C$88.00 to C$86.00 and set a "neutral" rating for the company in a research report on Friday, March 8th. Desjardins dropped their price target on Toronto-Dominion Bank from C$96.00 to C$94.00 and set a "buy" rating on the stock in a research note on Wednesday, February 7th. Finally, Bank of America dropped their target price on Toronto-Dominion Bank from C$88.00 to C$86.00 in a report on Wednesday, February 14th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Toronto-Dominion Bank has a consensus rating of "Moderate Buy" and an average target price of C$90.55.

Toronto-Dominion Bank Stock Down 0.5 %

Shares of TD stock traded down C$0.42 during mid-day trading on Friday, reaching C$80.63. 16,391,193 shares of the company's stock traded hands, compared to its average volume of 7,190,111. The company's 50-day moving average price is C$80.97 and its 200-day moving average price is C$81.60. The company has a market cap of C$142.72 billion, a P/E ratio of 12.74, a P/E/G ratio of 1.08 and a beta of 0.83. Toronto-Dominion Bank has a 12 month low of C$75.89 and a 12 month high of C$87.10.

Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD last posted its quarterly earnings results on Thursday, February 29th. The company reported C$2.00 earnings per share for the quarter, topping the consensus estimate of C$1.93 by C$0.07. The company had revenue of C$13.71 billion for the quarter, compared to the consensus estimate of C$12.63 billion. Toronto-Dominion Bank had a return on equity of 10.72% and a net margin of 23.86%. Equities analysts predict that Toronto-Dominion Bank will post 7.8302619 earnings per share for the current year.

Toronto-Dominion Bank Company Profile

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking.