Key Highlights:
- TD Bank projects a fiscal 2025 Q2 equity net income of CDN $74 million from its Charles Schwab investment.
- The Toronto-Dominion Bank's stock is anticipated to have a potential 10.66% upside according to analyst price targets.
- With an "Outperform" rating, the bank remains a promising investment according to brokerage firms.
TD Bank (TD, Financial) has outlined its expectations for the fiscal 2025 Q2 equity net income, projecting approximately CDN $74 million originating from Charles Schwab's Q1 earnings. Notably, when adjusted for CDN $9 million in intangible amortization, TD Bank forecasts the adjusted net income to rise to CDN $83 million. This follows the bank's strategic move to divest its 184.7 million Schwab shares, which represented a 10.1% ownership stake.
Wall Street Analysts Offer Optimistic Price Targets
Market analysts remain optimistic about The Toronto-Dominion Bank (TD, Financial), offering a one-year average target price of $67.17. The highest projected target price is $69.77, while the lowest is set at $62.85. These figures imply a notable potential upside of 10.66% from the current stock price of $60.70. For a deeper dive into these estimates, visit the The Toronto-Dominion Bank (TD) Forecast page.
Brokerage Firms Recommend "Outperform"
The consensus from 12 brokerage firms places The Toronto-Dominion Bank (TD, Financial) at an average recommendation of 2.3, signaling an "Outperform" status. This rating is positioned on a 1 to 5 scale, where 1 equates to a Strong Buy, and 5 implies a Sell.
GuruFocus GF Value Suggests Growth Potential
The GF Value calculated by GuruFocus for The Toronto-Dominion Bank (TD, Financial) over the next year is estimated at $66.80. This suggests an upside of 10.05% from its current trading price of $60.70. The GF Value is a proprietary estimate that reflects the fair market value a stock should ideally trade at, derived from historical trading multiples, past business growth, and projected future performance. For further details, refer to the The Toronto-Dominion Bank (TD) Summary page.
