UBS Group Analysts Give Toronto-Dominion Bank (TSE:TD) a C$82.00 Price Target

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) received a C$82.00 target price from UBS Group in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective points to a potential upside of 9.19% from the stock’s previous close.

Several other research firms also recently issued reports on TD. National Bankshares downgraded shares of Toronto-Dominion Bank from a “sector perform” rating to an “underperform” rating and dropped their price objective for the stock from C$84.00 to C$75.00 in a report on Friday, May 24th. CIBC upgraded shares of Toronto-Dominion Bank from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from C$83.50 to C$88.00 in a report on Friday, May 24th. Jefferies Financial Group dropped their price objective on shares of Toronto-Dominion Bank from C$76.00 to C$73.00 and set a “hold” rating on the stock in a report on Thursday, June 6th. National Bank Financial cut shares of Toronto-Dominion Bank from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 23rd. Finally, Royal Bank of Canada upped their target price on shares of Toronto-Dominion Bank from C$87.00 to C$89.00 and gave the company an “outperform” rating in a research note on Friday, May 24th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Toronto-Dominion Bank currently has a consensus rating of “Moderate Buy” and an average price target of C$86.97.

Toronto-Dominion Bank Trading Down 0.1 %

Toronto-Dominion Bank stock traded down C$0.10 on Tuesday, reaching C$75.10. 760,474 shares of the stock were exchanged, compared to its average volume of 7,014,050. The stock has a market cap of C$132.18 billion, a PE ratio of 12.75, a PEG ratio of 1.08 and a beta of 0.82. Toronto-Dominion Bank has a twelve month low of C$73.67 and a twelve month high of C$87.10. The firm has a fifty day moving average price of C$76.76 and a two-hundred day moving average price of C$79.89.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last released its earnings results on Thursday, May 23rd. The company reported C$2.04 earnings per share for the quarter, topping analysts’ consensus estimates of C$1.84 by C$0.20. Toronto-Dominion Bank had a net margin of 21.91% and a return on equity of 9.89%. The firm had revenue of C$13.82 billion during the quarter, compared to analyst estimates of C$13.38 billion. Equities analysts anticipate that Toronto-Dominion Bank will post 7.8691589 EPS for the current fiscal 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.