Analyst Ratings for Toronto-Dominion Bank (TD)

Updated: 2017-07-28

Toronto-Dominion Bank (NYSE:TD) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for TD last month.

6 analysts declared TD a buy, 0 issued an overweight rating, 10 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for TD. The maximum price target given was 54, which equates to a potential upside of 5.59 percent. The minimum price target given was 54, implying a possible loss of 5.59 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.5 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.02 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.88 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.58 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of TD's earnings is estimated by analysts to be -23.39 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of TD is -0.43.

In the trailing 52-weeks, TD hit 54.44 at the highest peak, while it's lowest trading point was 42.75. The current market price is above the trailing year's low by 19.63 percent, and below the high by 6.06 percent. TD has a price/earnings ratio of 10.09. Investors typically compare the P/E ratio to a company's peers in the industry. The TD value stock report compares TD to some of its peers using value stock charts. The stock has a market capitalization of $119.1 billion. TD's next earnings release will be on 0000-00-00, which is days away.