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

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) has been assigned a C$82.00 price target by stock analysts at UBS Group in a note issued to investors on Tuesday, BayStreet.CA reports. The firm presently has a “neutral” rating on the stock. UBS Group’s price objective would suggest a potential upside of 7.84% from the stock’s previous close.

Several other analysts have also weighed in on TD. Royal Bank of Canada lifted their price objective 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. National Bankshares lowered shares of Toronto-Dominion Bank from a “sector perform” rating to an “underperform” rating and dropped their price objective for the company from C$84.00 to C$75.00 in a report on Friday, May 24th. Desjardins reduced their target price on Toronto-Dominion Bank from C$93.00 to C$91.00 and set a “buy” rating for the company in a research note on Friday, May 24th. National Bank Financial lowered Toronto-Dominion Bank from a “hold” rating to a “strong sell” rating in a research report on Thursday, May 23rd. Finally, Cibc World Mkts upgraded Toronto-Dominion Bank from a “hold” rating to a “strong-buy” rating in a report on Friday, May 24th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$86.97.

Toronto-Dominion Bank Stock Performance

Shares of TSE:TD opened at C$76.04 on Tuesday. Toronto-Dominion Bank has a 52 week low of C$73.67 and a 52 week high of C$87.10. The firm has a market cap of C$133.83 billion, a PE ratio of 12.93, a price-to-earnings-growth ratio of 1.08 and a beta of 0.82. The firm’s fifty day moving average is C$76.56 and its 200-day moving average is C$79.77.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last announced its earnings results on Thursday, May 23rd. The company reported C$2.04 EPS for the quarter, beating the consensus estimate of C$1.84 by C$0.20. Toronto-Dominion Bank had a return on equity of 9.89% and a net margin of 21.91%. The business had revenue of C$13.82 billion for the quarter, compared to analysts’ expectations of C$13.38 billion. Sell-side analysts forecast that Toronto-Dominion Bank will post 7.8691589 EPS for the current 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.