Analysts rate Toronto Dominion Bank(TD:TSX) with a Hold rating and a $98 target

STA Research
by: STA Research
Toronto Dominion Bank

Analysts rate Toronto Dominion Bank with a consensus Hold rating and a 12-month average target price of $98.19 per share.

Zacks Research rates Toronto Dominion Bank with a Hold.

Yesterday Morningstar maintained Toronto Dominion Bank with a Buy rating and a target price of $107 on the company’s stock.

Based on the Toronto Dominion Bank stock forecasts from 16 analysts, the average analyst target price for Toronto Dominion Bank is CAD 98.19 over the next 12 months. Toronto Dominion Bank’s average analyst rating is Hold . Stock Target Advisor’s own stock analysis of Toronto Dominion Bank is Slightly Bearish, which is based on 6 positive signals and 8 negative signals. At the last closing, Toronto Dominion Bank’s stock price was CAD 85.43Toronto Dominion Bank’s stock price has changed by -3.23% over the past week, +4.14% over the past month and -0.40% over the last year.

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What we don’t like:

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector.

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