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.

Investment analysts gave a few price targets for TD. The most optimistic analyst gave a price target of 54, implying a possible profit of 5.59 percent. The most pessimistic price target was 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.5 percent. The average change in earnings estimates over the last 90 days is 1.02 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.88 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2.58 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's 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. 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, 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. Currently the stock is 19.63 percent higher than its low, 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 market cap of TD is $119.1 billion. TD will post this quarters earnings in days, on 0000-00-00.