BMO Capital Markets Issues Positive Forecast for Toronto-Dominion Bank (TSE:TD) Stock Price

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its target price lifted by BMO Capital Markets from C$135.00 to C$144.00 in a report issued on Friday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

TD has been the subject of a number of other reports. Canaccord Genuity Group lifted their price objective on shares of Toronto-Dominion Bank from C$141.00 to C$147.00 and gave the company a “buy” rating in a research note on Friday. Raymond James Financial lifted their price target on Toronto-Dominion Bank from C$122.00 to C$138.00 and gave the company a “market perform” rating in a research report on Tuesday, February 17th. Scotiabank increased their price objective on Toronto-Dominion Bank from C$125.00 to C$132.00 in a report on Friday, January 9th. UBS Group raised their target price on Toronto-Dominion Bank from C$122.00 to C$126.00 in a research note on Monday, December 8th. Finally, Royal Bank Of Canada upped their price target on Toronto-Dominion Bank from C$128.00 to C$133.00 and gave the company an “outperform” rating in a research report on Monday, January 5th. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$139.50.

Toronto-Dominion Bank Stock Down 1.7%

TD traded down C$2.26 during trading hours on Friday, hitting C$132.88. The stock had a trading volume of 7,269,816 shares, compared to its average volume of 6,900,221. Toronto-Dominion Bank has a 1 year low of C$78.06 and a 1 year high of C$136.49. The company’s fifty day simple moving average is C$130.43 and its 200 day simple moving average is C$118.41. The stock has a market cap of C$222.81 billion, a PE ratio of 11.49, a price-to-earnings-growth ratio of 1.22 and a beta of 1.00.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last issued 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 15.80% and a return on equity of 7.84%. The firm had revenue of C$16.63 billion during the quarter. As a group, equities analysts expect that Toronto-Dominion Bank will post 7.2160149 EPS for the current year.

Trending Headlines about Toronto-Dominion Bank

Here are the key news stories impacting Toronto-Dominion Bank this week:

• Positive Sentiment: Record Q1 results — TD reported C$2.44 EPS and C$16.63B in revenue, with management highlighting strong performance across Canadian and U.S. retail and markets businesses, plus a sizable renewed buyback and wealth‑business consolidation. This supports fundamentals and capital return. Toronto Dominion Bank Earnings Strength And Wealth Shift Test Valuation
• Positive Sentiment: Broad analyst upgrades — Multiple firms raised price targets, notably RBC to C$148, Canaccord to C$147, National Bank to C$146, BMO to C$144, Desjardins to C$145 and Scotiabank to C$142, reflecting conviction that earnings and capital actions support further upside. Analyst Ratings Roundup
• Neutral Sentiment: Some firms maintained neutral/market‑perform stances despite higher targets — CIBC raised its target but stayed neutral (C$140), and Raymond James kept a market‑perform view, indicating not all analysts see immediate strong upside. Analyst Ratings Roundup TickerReport: CIBC
• Neutral Sentiment: Minor raises with limited upside — Barclays raised its target modestly (to C$135), implying only small near‑term upside from current levels. Analyst Ratings Roundup
• Negative Sentiment: Valuation and profit‑taking pressure — Coverage pointing out a ~63% one‑year gain and questions about whether the stock is fully priced may be prompting sellers and trimming by momentum investors. This valuation narrative can offset positive earnings news. Is It Too Late To Consider Toronto-Dominion Bank
• Negative Sentiment: Price softness today — despite the bullish analyst revisions and strong results, the stock traded lower as investors likely digested valuation risk and rotated profits; watch whether follow‑through selling continues or buyers step in on the analyst‑led support.

Toronto-Dominion Bank Company Profile

Toronto-Dominion is one of Canada’s two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank’s U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.