TSE:TD

Toronto-Dominion Bank (TD.TO)

170.03
-0.87 (0.51%)
as of Jun 26, 2026, 8:00:00 pm Market Open.
2225 watching
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Investor Insights
star iconJun 26, 2026, 12:00 am

This summary was created by AI, based on 61 opinions in the last 12 months.

Toronto-Dominion Bank (TD) has experienced a significant rally, recovering remarkably from past penalties related to money laundering. While many experts acknowledge its robust earnings and strong position within the Canadian banking system, there are growing concerns about its current valuation, which is perceived as high compared to historical norms. Overall, the stock is seen as solid but largely fully priced, leading some analysts to recommend trimming positions or looking for better entry points. The consensus recommendation varies, with some holding the stock due to its solid long-term dividend potential while noting that growth may be constrained due to regulatory issues in the U.S. Experts emphasize caution, suggesting that investors consider taking profits or waiting for a potential pullback before further investment.

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Consensus
Trim
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Valuation
Overvalued
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Similar
RY
HOLD
(Market Call Minute.) There will be a correction on the banks so you can buy them cheaper.
BUY
Likes this bank because of their very strong retail position and the strong US exposure. Because their US holdings have been hit hard, he expects on the way back they will provide better contributions. Relatively cheap from a PE multiple. Dividend is reasonable and he can see a possible increase down the road.
BUY
Attractively valued here. Can see 15% upside. The only bank he owns.
BUY ON WEAKNESS
Could fairly easily go as high as $70. If the markets set back as he expects, all of the banks are going to get hit. Unless you want to pop in and pop out (trade) the stock he would wait.
TOP PICK
Good, solid core holding. Probably the best managed bank in Canada. Solid earnings. Multiples are creeping up but earnings are going to start to grow again, probably next year.
TOP PICK
TD Capital Trust IV bonds callable in 10 years with a 9.5% coupon yielding about 6.2%. One of the top banks for management. Very solid bank and very profitable. 2.5% better than the government bond.
COMMENT
Extendable step up note starting at 3.6% interest and going to 6.35% over 10 years. (Aimed at retail investors who would rather not do a laddered bond portfolio.) She would figure out effective yield of the life of the bond is and compare it with just a straight 3, 5 and 10-year note in the marketplace to see if there is something more attractive out there. It would be difficult to sell them so it would be a Buy & Hold.
TOP PICK
4.779% bond due12/14/16. Doesn't want bonds that are maturing 10, 20, 30 years out.
PAST TOP PICK
(A Top Pick Jan 27/09. Up 22.67%.) Capital Trust IV bond.
PARTIAL SELL
Canadian banks were a screaming buy back in early March when they had yields of 6% plus. They are now up 40%-50%. If you own, consider taking some profits.
TOP PICK
Banks have had a nice run. Looking for 10% upside. 4% dividend.
TOP PICK
Bank rate reset preferred shares (TD.PR.A-T). Yielding about 7%. When they come to reset in 2013/2014 the majority of them will be called away so basically a 4 or 5-year investment.
BUY
June 2019 Capital Trust bonds. This is a tier 1 hybrid structure that the bank issued earlier this year. The bank is a very sound institution and she likes management and bringing their Tier 1 ratio very high. Bonds have performed extremely well. Attractively priced earlier this year but are now fairly priced. You are getting almost double what you get on a Canada bond.
SELL
Technically, bank stocks have done very well from the end of February until the end of May each year. End of May is when the major banks report their earnings. Historically after that they tend to peak out. Seasonality is turning random and you should consider taking some profit.
HOLD
Have had a very strong run and there is probably more upside. If you've doubled your money, he would take some off the table.
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