The Toronto-Dominion Bank (TD)
NYSE: TD · IEX Real-Time Price · USD
55.28
+0.74 (1.36%)
At close: Jul 2, 2024, 4:00 PM
55.05
-0.23 (-0.42%)
After-hours: Jul 2, 2024, 7:19 PM EDT
The Toronto-Dominion Bank Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for TD stock have an average target of 88, with a low estimate of 82 and a high estimate of 94. The average target predicts an increase of 59.19% from the current stock price of 55.28.
Analyst Consensus: Hold
* Price targets were last updated on May 24, 2024.
Analyst Ratings
The average analyst rating for TD stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $86 → $84 | Hold | Maintains | $86 → $84 | +51.95% | May 24, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Dec 18, 2023 |
| Credit Suisse | Credit Suisse | Buy Maintains $93 → $92 | Buy | Maintains | $93 → $92 | +66.43% | Aug 25, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $96 → $94 | Buy | Maintains | $96 → $94 | +70.04% | Aug 25, 2023 |
| Barclays | Barclays | Hold Maintains $84 → $82 | Hold | Maintains | $84 → $82 | +48.34% | Aug 25, 2023 |
Financial Forecast
Revenue This Year
54.51B
from 50.49B
Increased by 7.95%
Revenue Next Year
56.97B
from 54.51B
Increased by 4.52%
EPS This Year
8.31
from 5.60
Increased by 48.33%
EPS Next Year
8.63
from 8.31
Increased by 3.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 58.5B | 62.0B | 67.9B | 57.2B | 59.3B |
| Avg | 54.5B | 57.0B | 61.5B | 56.1B | 58.1B |
| Low | 49.3B | 51.3B | 54.2B | 53.4B | 55.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.8% | 13.8% | 19.2% | -6.9% | 5.6% |
| Avg | 8.0% | 4.5% | 7.9% | -8.7% | 3.6% |
| Low | -2.4% | -5.8% | -4.9% | -13.1% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.96 | 9.64 | 10.48 |
| Avg | 8.31 | 8.63 | 9.46 |
| Low | 7.74 | 7.31 | 8.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 59.9% | 16.0% | 21.5% |
| Avg | 48.3% | 3.9% | 9.7% |
| Low | 38.3% | -12.0% | -6.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.