Toronto-Dominion Bank (TD) Stock Forecast & Price Target

C$101.65 +0.55 (+0.54%)

As of 02:48 PM Eastern

Toronto-Dominion Bank - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 11 Analyst Ratings

Sell
1

Hold
6

Buy
4

Based on 11 Wall Street analysts who have issued ratings for Toronto-Dominion Bank in the last 12 months, the stock has a consensus rating of "Hold." Out of the 11 analysts, 1 has given a sell rating, 6 have given a hold rating, and 4 have given a buy rating for TD.

Consensus Price Target

C$90.85
-10.63% Downside

According to the 11 analysts' twelve-month price targets for Toronto-Dominion Bank, the average price target is C$90.85. The highest price target for TD is C$101.00, while the lowest price target for TD is C$80.00. The average price target represents a forecasted downside of -10.63% from the current price of C$101.65.

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TD Analyst Ratings Over Time

Type	Current Forecast 7/3/24 to 7/3/25	1 Month Ago 6/3/24 to 6/3/25	3 Months Ago 4/4/24 to 4/4/25	1 Year Ago 7/4/23 to 7/3/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	4 Buy rating(s)	2 Buy rating(s)	4 Buy rating(s)	8 Buy rating(s)
Hold	6 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)	4 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	C$90.85	C$88.67	C$88.75	C$86.97
Forecasted Upside	-10.63% Downside	-7.66% Downside	9.30% Upside	14.37% Upside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

TD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Toronto-Dominion Bank Stock vs. The Competition

Type	Toronto-Dominion Bank	Financial Services Companies
Consensus Rating Score	2.27	2.65
Consensus Rating	Hold	Moderate Buy
News Sentiment Rating	Neutral News See Recent TD News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
6/24/2025	Canaccord Genuity Group 2 of 5 stars		Set Target	Buy	C$101.00	+2.44%
6/9/2025	Barclays 3 of 5 stars		Boost Target		C$83.00 ➝ C$91.00	-5.22%
6/5/2025	CIBC 3 of 5 stars		Boost Target	Outperform	C$96.00 ➝ C$99.00	+3.73%
5/22/2025	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Sector Perform	C$80.00	-13.71%
5/14/2025	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Rizvanovic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
2/18/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	C$90.00 ➝ C$99.00	+16.48%
2/14/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$83.00 ➝ C$90.00	+5.72%
1/8/2025	Royal Bank Of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Mihelic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform	C$77.00 ➝ C$86.00	+10.27%
12/19/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Movahedi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	C$90.00	+20.95%
12/6/2024	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$99.00 ➝ C$94.00	+27.77%
Get the Latest News and Ratings for TD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Toronto-Dominion Bank and its competitors with MarketBeat's FREE daily newsletter.
12/5/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Young Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Moderate Buy ➝ Hold
8/23/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$85.00 ➝ C$90.00	+11.90%
8/22/2024	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Dechaine Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong Sell ➝ Hold
5/24/2024	Cibc World Mkts Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Holden Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
11/23/2023	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$95.00 ➝ C$94.00	+12.86%
9/12/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Outperform	C$93.00	+13.01%
8/25/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$93.00 ➝ C$92.00	+14.64%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 02:50 PM ET.

Should I Buy Toronto-Dominion Bank Stock? TD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 29, 2025. Please send any questions or comments about these Toronto-Dominion Bank pros and cons to contact@marketbeat.com.

Toronto-Dominion Bank
Bull Case

Here are some ways that investors could benefit from investing in The Toronto-Dominion Bank:

The current stock price is around C$79.31, which is above its 200-day moving average, indicating potential upward momentum.
The Toronto-Dominion Bank recently increased its quarterly dividend to C$1.05 per share, reflecting a commitment to returning value to shareholders.
Analysts have a consensus rating of "Hold" with a price target of approximately C$86.83, suggesting that the stock may have room for growth.
The bank has a strong market capitalization of C$139.30 billion, indicating stability and a solid position in the financial sector.
With a relatively low beta of 0.82, the stock is less volatile compared to the market, which may appeal to risk-averse investors.

Toronto-Dominion Bank
Bear Case

Investors should be bearish about investing in The Toronto-Dominion Bank for these reasons:

Recent analyst downgrades have reduced price targets, with some firms lowering their expectations significantly, which may indicate a bearish outlook.
The dividend payout ratio is high at 94.44%, suggesting that a large portion of earnings is being distributed to shareholders, which could limit future growth investments.
Market conditions and economic uncertainties could impact the bank's performance, especially given its exposure to both Canadian and U.S. markets.
One analyst has rated the stock as a "sell," which may reflect concerns about the bank's future performance amidst changing market dynamics.
Despite recent increases, the stock has seen fluctuations, with a one-year high of C$98.20 and a low of C$73.22, indicating potential instability.

TD Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Toronto-Dominion Bank is C$90.85, with a high forecast of C$101.00 and a low forecast of C$80.00.
: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Toronto-Dominion Bank in the last twelve months. There is currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TD, but not buy additional shares or sell existing shares.
: According to analysts, Toronto-Dominion Bank's stock has a predicted downside of -10.63% based on their 12-month stock forecasts.
: Over the previous 90 days, Toronto-Dominion Bank's stock had 1 upgrade by analysts.
: Toronto-Dominion Bank has been rated by research analysts at Barclays, Canaccord Genuity Group, CIBC, National Bankshares, and Scotiabank in the past 90 days.
: Analysts like Toronto-Dominion Bank less than other "financial services" companies. The consensus rating for Toronto-Dominion Bank is Hold while the average consensus rating for "financial services" companies is Moderate Buy. Learn more on how TD compares to other companies.

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This page (TSE:TD) was last updated on 7/3/2025 by MarketBeat.com Staff

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Toronto-Dominion Bank (TD) Stock Forecast & Price Target