Toronto-Dominion Bank (TSE:TD) – Research analysts at Cormark boosted their FY2016 earnings per share estimates for shares of Toronto-Dominion Bank in a report issued on Wednesday. Cormark analyst M. Grauman now forecasts that the firm will post earnings per share of $4.86 for the year, up from their previous forecast of $4.81. Cormark also issued estimates for Toronto-Dominion Bank’s Q4 2016 earnings at $1.22 EPS, FY2017 earnings at $5.13 EPS and FY2018 earnings at $5.48 EPS.

Several other research analysts have also issued reports on the stock. National Bank Financial raised their target price on shares of Toronto-Dominion Bank from C$60.00 to C$61.00 in a research note on Friday, August 26th. Keefe, Bruyette & Woods raised their target price on shares of Toronto-Dominion Bank from C$56.00 to C$57.00 in a research note on Thursday, August 18th. Bank of America Corp. raised their target price on shares of Toronto-Dominion Bank from C$60.00 to C$62.00 in a research note on Friday, August 26th. CSFB raised their target price on shares of Toronto-Dominion Bank from C$68.00 to C$69.00 in a research note on Friday, August 26th. Finally, CIBC raised their target price on shares of Toronto-Dominion Bank from C$60.00 to C$61.00 in a research note on Friday, September 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of C$61.86.

Earnings History and Estimates for Toronto-Dominion Bank (TSE:TD)

Toronto-Dominion Bank (TSE:TD) opened at 61.66 on Friday. Toronto-Dominion Bank has a 1-year low of $48.52 and a 1-year high of $62.10. The firm has a 50-day moving average of $59.37 and a 200 day moving average of $57.40. The firm has a market cap of $114.37 billion and a price-to-earnings ratio of 13.92.

About Toronto-Dominion Bank

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank conducts its business through segments, such as Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. Canadian Retail provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses, including credit cards, auto finance, wealth and insurance businesses.

Receive News & Stock 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 stocks with our FREE daily email newsletter.