Toronto-Dominion Bank (TSE:TD) Price Target Raised to C$94.00 at BMO Capital Markets

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price target hoisted by equities research analysts at BMO Capital Markets from C$84.00 to C$94.00 in a report released on Monday,BayStreet.CA reports. BMO Capital Markets’ price target suggests a potential upside of 20.54% from the stock’s current price.

TD has been the topic of a number of other research reports. Desjardins dropped their price objective on Toronto-Dominion Bank from C$91.00 to C$90.00 and set a “buy” rating on the stock in a report on Friday, August 23rd. CIBC dropped their price target on shares of Toronto-Dominion Bank from C$100.00 to C$96.00 in a research note on Friday, October 11th. National Bank Financial upgraded shares of Toronto-Dominion Bank from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 22nd. Jefferies Financial Group increased their target price on shares of Toronto-Dominion Bank from C$73.00 to C$82.00 and gave the company a “hold” rating in a research report on Monday, August 12th. Finally, Scotiabank cut their price target on shares of Toronto-Dominion Bank from C$87.00 to C$86.00 in a research note on Monday, August 19th. Six investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$87.23.

Toronto-Dominion Bank Stock Down 1.1 %

TSE TD opened at C$77.98 on Monday. Toronto-Dominion Bank has a 52 week low of C$73.67 and a 52 week high of C$87.99. The firm has a 50 day moving average of C$81.64 and a two-hundred day moving average of C$79.08. The stock has a market capitalization of C$136.47 billion, a PE ratio of 18.05, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last issued its earnings results on Thursday, August 22nd. The company reported C$2.05 EPS for the quarter, missing analysts’ consensus estimates of C$2.07 by C($0.02). The firm had revenue of C$14.18 billion for the quarter, compared to analyst estimates of C$14.12 billion. Toronto-Dominion Bank had a return on equity of 7.33% and a net margin of 15.72%. On average, equities research analysts expect that Toronto-Dominion Bank will post 7.2160149 earnings per share for the current fiscal year.

About Toronto-Dominion Bank

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.