Toronto Dominion Stock Target Price and Analyst Consensus

TD Stock  USD 60.38  0.26  0.43%   
The current analyst and expert consensus on Toronto Dominion is Buy with 6 buy recommendations. The current projected Toronto Dominion target price consensus is 65.41, with 16 analyst opinions. The most common way Toronto Dominion Bank analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to Toronto Dominion executives, vendors, and/or customers. Toronto Dominion buy-or-sell recommendation module provides average expert sentiment on the projected Toronto Dominion Bank target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on Toronto Dominion to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
59.52
Highest Forecast
72.61
Target Price
65.41
At present, Toronto Dominion's Pretax Profit Margin is projected to slightly decrease based on the last few years of reporting. The current year's Net Profit Margin is expected to grow to 0.19, whereas Operating Profit Margin is forecasted to decline to 0.29. At present, Toronto Dominion's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 360.3 B, whereas Non Currrent Assets Other are forecasted to decline to (3.7 B).
  
It's important to approach Toronto Dominion's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Toronto Dominion Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Toronto target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Toronto Dominion's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   16  Buy
Most Toronto analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Toronto stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Toronto Dominion Bank, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Toronto Dominion Target Price Projection

Toronto Dominion's current and average target prices are 60.38 and 65.41, respectively. The current price of Toronto Dominion is the price at which Toronto Dominion Bank is currently trading. On the other hand, Toronto Dominion's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Toronto Dominion Market Quote on 29th of March 2024

Low Price60.13Odds
High Price60.82Odds

60.38

Target Price

Analyst Consensus On Toronto Dominion Target Price

Low Estimate59.52Odds
High Estimate72.61Odds

65.41

Historical Lowest Forecast  59.52 Target Price  65.41 Highest Forecast  72.61
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Toronto Dominion Bank and the information provided on this page.

Toronto Dominion Analyst Ratings

Toronto Dominion's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Toronto Dominion stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Toronto Dominion's financials, market performance, and future outlook by experienced professionals. Toronto Dominion's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Toronto Dominion price targets

Toronto Dominion's stock target price is an estimate of its future price, usually made by analysts. Using Toronto Dominion's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Toronto Dominion's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Toronto Dominion's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Toronto Dominion Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Toronto Dominion is a key component of Toronto Dominion valuation and have some predictive power on the future returns of a Toronto Dominion.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Toronto Dominion's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
59.3460.3861.42
Details
Intrinsic
Valuation
LowRealHigh
59.7060.7461.78
Details
Naive
Forecast
LowNextHigh
58.5259.5660.60
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.351.441.49
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Toronto Dominion. Your research has to be compared to or analyzed against Toronto Dominion's peers to derive any actionable benefits. When done correctly, Toronto Dominion's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Toronto Dominion Bank.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Cleaning Idea
Cleaning
Invested over 100 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested over 200 shares
When determining whether Toronto Dominion Bank is a strong investment it is important to analyze Toronto Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Toronto Dominion's future performance. For an informed investment choice regarding Toronto Stock, refer to the following important reports:
Check out Macroaxis Advice on Toronto Dominion to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the Toronto Dominion Bank information on this page should be used as a complementary analysis to other Toronto Dominion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Toronto Dominion's price analysis, check to measure Toronto Dominion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Toronto Dominion is operating at the current time. Most of Toronto Dominion's value examination focuses on studying past and present price action to predict the probability of Toronto Dominion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toronto Dominion's price. Additionally, you may evaluate how the addition of Toronto Dominion to your portfolios can decrease your overall portfolio volatility.
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The data published in Toronto Dominion's official financial statements usually reflect Toronto Dominion's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Toronto Dominion Bank. For example, before you start analyzing numbers published by Toronto accountants, it's critical to develop an understanding of what Toronto Dominion's liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.
Please note, the presentation of Toronto Dominion's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Toronto Dominion's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Toronto Dominion's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Toronto Dominion Bank. Please utilize our Beneish M Score to check the likelihood of Toronto Dominion's management manipulating its earnings.