The Toronto-Dominion Bank (TD)
NYSE: TD · IEX Real-Time Price · USD
55.92
+0.96 (1.75%)
May 31, 2024, 4:00 PM EDT - Market closed
The Toronto-Dominion Bank Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for TD stock have an average target of 87.4, with a low estimate of 82 and a high estimate of 94. The average target predicts an increase of 56.29% from the current stock price of 55.92.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for TD stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $86 → $84 | Hold | Maintains | $86 → $84 | +50.21% | 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 | +64.52% | Aug 25, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $96 → $94 | Buy | Maintains | $96 → $94 | +68.10% | Aug 25, 2023 |
| Barclays | Barclays | Hold Maintains $84 → $82 | Hold | Maintains | $84 → $82 | +46.64% | Aug 25, 2023 |
Financial Forecast
Revenue This Year
54.01B
from 50.49B
Increased by 6.98%
Revenue Next Year
56.56B
from 54.01B
Increased by 4.72%
EPS This Year
8.00
from 5.60
Increased by 42.82%
EPS Next Year
8.55
from 8.00
Increased by 6.85%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 57.9B | 61.2B | 67.1B | 57.3B | 59.3B |
| Avg | 54.0B | 56.6B | 62.9B | 56.2B | 58.2B |
| Low | 49.1B | 51.2B | 57.0B | 53.5B | 55.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.6% | 13.3% | 18.5% | -8.8% | 5.6% |
| Avg | 7.0% | 4.7% | 11.1% | -10.6% | 3.6% |
| Low | -2.7% | -5.1% | 0.8% | -14.9% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.46 | 9.54 | 10.36 |
| Avg | 8.00 | 8.55 | 9.26 |
| Low | 7.24 | 7.00 | 8.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 51.1% | 19.3% | 21.2% |
| Avg | 42.8% | 6.9% | 8.4% |
| Low | 29.3% | -12.5% | -5.2% |
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.