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.

Several price targets were given for TD by the analysts covering the stock. The highest price target was 54, which equates to a potential upside of 5.59 percent. The most pessimistic analyst gave a price target of 54, implying a possible loss of 5.59 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of TD's earnings is estimated by analysts to be -23.39 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of TD is -0.43.

In the last 52-weeks, TD has achieved a high of 54.44 and a low of 42.75. Today's price is 19.63 percent above the 52-week low, and 6.06 percent below the high. TD has a P/E 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.