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NYSE: TD
Toronto Dominion Bank Stock Forecast, Predictions & Price Target

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Analyst price target for TD

Based on 2 analysts offering 12 month price targets for Toronto Dominion Bank.
Min Forecast
$105.00+71.2%
Avg Forecast
$107.50+75.28%
Max Forecast
$110.00+79.36%

Should I buy or sell TD stock?

Based on 2 analysts offering ratings for Toronto Dominion Bank.
Buy
Strong Buy
1 analysts 50%
Buy
0 analysts 0%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
BMO Capital
Top 41%
60
HoldMaintains$105.00+71.20%2021-12-03
Bank of America
Bottom 35%
35
Strong BuyUpgrades$110.00+79.36%2021-11-22

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Forecast return on equity

Is TD forecast to generate an efficient return?
Company
15.71%
Industry
15.23%
Market
99.96%
TD's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TD forecast to generate an efficient return on assets?
Company
0.88%
Industry
1.07%
TD is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TD earnings per share forecast

What is TD's earnings per share in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$6.34+4.19%
Avg 2 year Forecast
$6.84+12.41%
TD's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TD revenue forecast

What is TD's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$33.1B-3%
Avg 2 year Forecast
$37.7B+10.25%
TD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TD earnings growth forecast

How is TD forecast to perform vs Banks - Diversified companies and vs the US market?
Company
4.19%
Industry
1.25%
Market
51.98%
TD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TD revenue growth forecast

How is TD forecast to perform vs Banks - Diversified companies and vs the US market?
Company
-3%
Industry
0.06%
Market
14.27%
TD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TD vs Diversified Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
TD$61.33$107.50+75.28%Buy
HSBC$26.07N/AN/ABuy
RY$90.04$125.00+38.83%Strong Buy
C$41.67$62.64+50.33%Hold
WFC$40.22$55.90+38.99%Strong Buy

Toronto Dominion Bank Stock Forecast FAQ

Is Toronto Dominion Bank Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: TD) stock is to Buy TD stock.

Out of 2 analysts, 1 (50%) are recommending TD as a Strong Buy, 0 (0%) are recommending TD as a Buy, 1 (50%) are recommending TD as a Hold, 0 (0%) are recommending TD as a Sell, and 0 (0%) are recommending TD as a Strong Sell.

If you're new to stock investing, here's how to buy Toronto Dominion Bank stock.

What is TD's earnings growth forecast for 2022-2023?

(NYSE: TD) Toronto Dominion Bank's forecast annual earnings growth rate of 4.19% is forecast to beat the US Banks - Diversified industry's average forecast earnings growth rate of 1.25%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 51.98%.

Toronto Dominion Bank's earnings in 2022 is $11,018,461,538.On average, 5 Wall Street analysts forecast TD's earnings for 2022 to be $11,495,054,000, with the lowest TD earnings forecast at $11,386,268,000, and the highest TD earnings forecast at $11,694,495,000.

In 2023, TD is forecast to generate $12,401,604,000 in earnings, with the lowest earnings forecast at $12,038,984,000 and the highest earnings forecast at $12,637,307,000.

What is TD's revenue growth forecast for 2022-2023?

(NYSE: TD) Toronto Dominion Bank's forecast annual revenue growth rate of -3% is not forecast to beat the US Banks - Diversified industry's average forecast revenue growth rate of 0.06%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.27%.

Toronto Dominion Bank's revenue in 2022 is $34,161,538,461.On average, 3 Wall Street analysts forecast TD's revenue for 2022 to be $60,077,079,378,600, with the lowest TD revenue forecast at $59,838,392,016,000, and the highest TD revenue forecast at $60,469,604,650,000.

In 2023, TD is forecast to generate $68,284,506,233,300 in revenue, with the lowest revenue forecast at $67,516,181,538,000 and the highest revenue forecast at $68,706,753,653,000.

What is TD's forecast return on assets (ROA) for 2022-2023?

(NYSE: TD) forecast ROA is 0.88%, which is lower than the forecast US Banks - Diversified industry average of 1.07%.

What is TD's Price Target?

According to 2 Wall Street analysts that have issued a 1 year TD price target, the average TD price target is $107.50, with the highest TD stock price forecast at $110.00 and the lowest TD stock price forecast at $105.00.

On average, Wall Street analysts predict that Toronto Dominion Bank's share price could reach $107.50 by Dec 3, 2022. The average Toronto Dominion Bank stock price prediction forecasts a potential upside of 75.28% from the current TD share price of $61.33.

What is TD's Earnings Per Share (EPS) forecast for 2022-2023?

(NYSE: TD) Toronto Dominion Bank's current Earnings Per Share (EPS) is $6.09. On average, analysts forecast that TD's EPS will be $6.34 for 2022, with the lowest EPS forecast at $6.28, and the highest EPS forecast at $6.45. In 2023, TD's EPS is forecast to hit $6.84 (min: $6.64, max: $6.97).

What is TD's forecast return on equity (ROE) for 2022-2023?

(NYSE: TD) forecast ROE is 15.71%, which is considered weak.
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