
TSE:TD
This summary was created by AI, based on 61 opinions in the last 12 months.
The reviews for Toronto-Dominion Bank (TD) highlight a cautious but generally optimistic outlook on the stock's performance. Many experts suggest that while TD has made significant recovery after the money laundering penalty, it is currently trading at a high price-to-earnings (PE) ratio compared to historical norms, prompting some to recommend trimming positions or taking profits. The bank's valuation, hovering around 14x to over 16x PE, has raised concerns of overvaluation, especially with future growth potential in the U.S. still clouded by regulatory issues. However, the majority of analysts maintain that TD is a strong long-term investment, appreciating its solid position in Canada and improving fundamentals. They also expect that TD's efforts in wealth management and capital markets will drive future earnings growth despite short-term challenges.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They paid a 37% premium for their US acquisition. However, it is immediately accretive to EPS on closing. The acquisition gives significant additions to its operations in the US Southwest. TD can close without equity dilution. They will become the sixth largest bank in the US. Unlock Premium - Try 5i Free