Toronto-Dominion Bank (TSE:TD) Price Target Raised to C$157.00 at National Bank Financial

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price objective lifted by National Bank Financial from C$146.00 to C$157.00 in a research note issued on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price objective would suggest a potential upside of 6.54% from the stock’s current price.

TD has been the topic of a number of other reports. Raymond James Financial raised shares of Toronto-Dominion Bank from a “hold” rating to a “moderate buy” rating and boosted their target price for the stock from C$141.00 to C$152.50 in a report on Tuesday. Desjardins boosted their target price on shares of Toronto-Dominion Bank from C$145.00 to C$154.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. BMO Capital Markets boosted their target price on shares of Toronto-Dominion Bank from C$135.00 to C$144.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Jefferies Financial Group reduced their target price on shares of Toronto-Dominion Bank from C$130.00 to C$128.00 in a report on Wednesday, February 11th. Finally, Royal Bank Of Canada reduced their target price on shares of Toronto-Dominion Bank from C$148.00 to C$138.00 and set an “outperform” rating on the stock in a report on Wednesday, March 25th. Seven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Toronto-Dominion Bank currently has an average rating of “Moderate Buy” and a consensus target price of C$143.04.

Toronto-Dominion Bank Trading Down 0.8%

TSE:TD traded down C$1.24 during mid-day trading on Friday, hitting C$147.36. 1,488,827 shares of the company’s stock were exchanged, compared to its average volume of 6,179,211. Toronto-Dominion Bank has a fifty-two week low of C$89.34 and a fifty-two week high of C$149.08. The firm has a market capitalization of C$245.92 billion, a P/E ratio of 11.93, a PEG ratio of 1.22 and a beta of 0.92. The company has a 50 day simple moving average of C$137.08 and a 200-day simple moving average of C$129.37.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last posted its earnings results on Thursday, February 26th. The company reported C$2.44 earnings per share for the quarter. Toronto-Dominion Bank had a net margin of 19.11% and a return on equity of 17.26%. The firm had revenue of C$16.63 billion for the quarter. As a group, analysts expect that Toronto-Dominion Bank will post 7.2160149 earnings per share for the current 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.