Toronto-Dominion Bank (TD.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Toronto-Dominion Bank (TD.TO)

158.03

+1.79 (1.15%)

as of Jun 4, 2026, 8:00:00 pm Market Open.

2224 watching

Investor Insights

Jun 4, 2026, 12:00 am

This summary was created by AI, based on 64 opinions in the last 12 months.

Toronto-Dominion Bank (TD) has shown a robust recovery following its money laundering scandal, yielding strong returns this year, with some reports indicating a rise as high as 72%. Despite this positive momentum, many analysts believe the stock is currently overvalued, trading at higher-than-normal P/E ratios—around 14 to 16 times—and above historical averages for Canadian banks. Experts express caution, suggesting trimming positions or waiting for a market pullback before initiating new purchases. The bank’s U.S. operations remain under regulatory scrutiny, limiting growth potential, which adds to the complex outlook for TD. While many hold on to their shares for long-term growth, there is a consensus on the need for careful evaluation of entry points due to high valuations.

Consensus

Overvalued

Valuation

Overvalued

Similar

RY, Royal

BUY

RY vs. TD He owns more TD, like its American footprint and are getting out of online brokerages which has shrinking margins, so that was a good deal. Both are solid, but we'll see what their earnings are like. RY has 12x forward earnings, while the S&P is 17x--this means a safe margin.

COMMENT

A well-run bank with great dividend yield. Regarding the TD Ameritrade transaction, there hasn’t been a lot of reaction due to the uncertainty of what TD will do about their position. There are fears TD will lose their access to investment and wealth management products in the states that could wipe out profits from the transaction. Maybe they will take a larger position in Schwab. There is a lot of uncertainty.

PAST TOP PICK

(A Top Pick Jan 15/19, Up 14%) It has under-performed his expectations. He still likes it.

TOP PICK

It has a big US franchise. It has a great Canadian franchise. Canadian banks have not kept pace with the US banks. He thinks you will see some positive numbers when they report next week. It is growing its dividend at the highest rate of the Canadian banks. It deserves to regain some of the premium multiple it lost over the last couple of years. (Analysts’ price target is $79.24)

BUY

Your Canadian bank holdings and weighting? He owns TD and BNS (and RY), slightly overweight the TSX, because they are good income stocks and offer good stock through a diversity of businesses and earnings, regardless of the economic cycle. Only fools short the banks.

PAST TOP PICK

(A Top Pick Nov 13/18, Up 9%) She likes Canadian banks as a group The banks were held back this year from concerns over the Canadian economy and housing market, but the former has been resilient and the latter has stabilized. Also, TD co-owns Ameritrade which got hit in a rate war recently. So, TD's 2020 earnings were revised down 2-3%, but she expects TD to grow earnings around 5% this year. It's still trading at a fine valuation, and they can still grow earnings, though not as strong as in prior years. Will grow their dividend at the same pace.

PAST TOP PICK

(A Top Pick Dec 10/18, Up 14%) It is a steady performer. It is more challenging in the US for them now with falling rates. He would stick with it. This is a good time to buy Canadian banks when sentiment is low.

TOP PICK

All the Canadian banks are good. The US economy looks a little better than in Canada and they have a better position there. A safe dividend. An anchor in any portfolio. Yield 3.89% (Analysts’ price target is $79.25)

BUY ON WEAKNESS

He really likes this bank. It is probably his favourite. However he does not own any banks right now because they are very expensive at this point in the cycle. He would buy on dips below $70. Canadian banks will have a hard time growing, although TD is in the US.

COMMENT

Canadian banks? It is not a bad time to buy. They have lagged, especially in Q3, but seem to be finding their stride. They have stable profits and good earnings trading at cheap PE ratios. TD has lagged, because of their Ameritrade share trade, when brokerages in the US went to zero commissions. He would still favour buying TD.

TOP PICK

The only Canadian bank he owns. TD stock hasn't moved in the past year, but offers strong Canadian and US retail exposure. They are growing their wealth management and insurance sides. On the commercial side, they're not into oil/gas like CIBC. The dividend has grown 10% annually in the past 10 years. Great long-term. (Analysts’ price target is $79.06)

WEAK BUY

He owns this one. It has resistance at about $78, but has a good up trend in place. Not his first pick for Canadian banks, but a close second.

BUY

Has zigged when other banks have zagged. Under the gun recently, because American affiliate is involved in a fee-cutting price war. "Any day that ends in 'y'" is a good day to buy Canadian banks. 8% correction off all-time high is no cause for concern. He's buying with fresh money.

BUY

Considering the Ameritrade zero commission controversy TD is a buying opportunity and it has been unfairly punished by this issue. He's underweight Canadian banks, so he missed their big move in September. TD is one of his favourites in this sector.

PAST TOP PICK

(A Top Pick Nov 27/18, Up 5%) Trading commissions are going towards zero in the US and this is impacting them. He is still a big fan and likes the US exposure. The dividend on Canadian banks are very remarkable -- you have to own them. It was 1942 when the Canadian major banks cut a dividend.

Showing 421 to 435 of 2,214 entries

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Darren Sissons

Campbell Lee & Ross

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Toronto-Dominion Bank (TD.TO)