Cormark Cuts Toronto-Dominion Bank (TSE:TD) Price Target to C$94.00

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) had its price objective decreased by Cormark from C$99.00 to C$94.00 in a research report report published on Friday,BayStreet.CA reports. Cormark also issued estimates for Toronto-Dominion Bank’s FY2025 earnings at $7.91 EPS and FY2026 earnings at $8.56 EPS.

A number of other equities analysts have also issued reports on the stock. Jefferies Financial Group upped their target price on shares of Toronto-Dominion Bank from C$73.00 to C$82.00 and gave the company a “hold” rating in a research note on Monday, August 12th. National Bankshares cut their price target on Toronto-Dominion Bank from C$85.00 to C$80.00 in a report on Friday. BMO Capital Markets upped their target price on Toronto-Dominion Bank from C$84.00 to C$94.00 in a research note on Monday, November 18th. Barclays downgraded shares of Toronto-Dominion Bank from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 21st. Finally, Desjardins decreased their target price on shares of Toronto-Dominion Bank from C$91.00 to C$90.00 and set a “buy” rating on the stock in a research report on Friday, August 23rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Toronto-Dominion Bank presently has a consensus rating of “Hold” and a consensus target price of C$86.00.

Toronto-Dominion Bank Stock Performance

Shares of TD opened at C$73.51 on Friday. Toronto-Dominion Bank has a 52 week low of C$73.22 and a 52 week high of C$87.99. The company’s 50 day moving average price is C$80.01 and its 200 day moving average price is C$79.19. The company has a market capitalization of C$128.64 billion, a PE ratio of 17.02, a PEG ratio of 1.22 and a beta of 0.82.

Toronto-Dominion Bank Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, October 31st were paid a $1.02 dividend. The ex-dividend date of this dividend was Thursday, October 10th. This represents a $4.08 dividend on an annualized basis and a yield of 5.55%. Toronto-Dominion Bank’s dividend payout ratio (DPR) is presently 94.44%.

Toronto-Dominion Bank Company Profile

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking.