Toronto Dominion Stock Target Price and Analyst Consensus
| TD Stock | USD 58.67 0.25 0.42% |
The current analyst and expert consensus on Toronto Dominion is Buy with 7 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 |
Toronto |
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.
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.
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.
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. | Hedge Favorites Invested over 100 shares | |
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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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Toronto Stock analysis
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.