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, implying potential capital gains 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. Over the past 30 days, FY earnings estimates have also changed upwards by 0.88 percent. If we look at the last 90 days instead, we find a net average change of 2.58 percent in FY estimates.

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 revised their estimates downwards. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

The growth rate of TD's earnings is estimated by analysts to be -23.39 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. TD has a PEG ratio of -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 6.06 percent below the high. 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 market cap of TD is $119.1 billion. TD's next earnings release will be on 0000-00-00, which is days away.