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.

TD was given price targets by several analysts. The most optimistic analyst gave a price target of 54, which equates to a potential upside of 5.59 percent. The most pessimistic price target was 54, implying a possible loss of 5.59 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.5 percent. That number becomes 1.02 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. 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.

TD has an estimated earnings growth rate of -23.39 percent as forecasted by analysts. Another measure frequently examined by investors is 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. People often look for the PEG ratio to be under 1, 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.

TD has a 52-week high of 54.44 and a 52-week low of 42.75. Currently the stock is 19.63 percent higher than its 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.