TSE:TD

Toronto-Dominion Bank (TD.TO)

170.90
+1.61 (0.95%)
as of Jun 25, 2026, 8:00:00 pm Market Open.
2225 watching
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Investor Insights
star iconJun 25, 2026, 12:00 am

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

Toronto-Dominion Bank (TD) has seen a significant recovery from its recent challenges, notably the money laundering scandal, with many experts noting its potential for growth in the long term, especially within the Canadian economy. However, the consensus among analysts indicates that the stock is currently trading at historically high P/E ratios, raising concerns about its valuation and suggesting that it may be overvalued by approximately 5% or more compared to past norms. While some believe TD's impressive earnings growth and its strategic positioning in the U.S. market could still lead to positive outcomes, there are warnings about the high valuations and the possibility of a market correction. Analysts seem divided on whether to hold or to trim positions at this point, with a predominant view favoring a cautious approach. Overall, TD remains a strong brand within the Canadian banking sector, but its recent performance raises questions about future growth sustainability amid high valuations.

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Consensus
Overvalued
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Valuation
Overvalued
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Similar
BMO
BUY
This market has and will be led down by financials in general and will be led back by them. This gives investors the opportunity to buy quality at lower than normal prices. Short-term may see it drop further, but long-term it is a good investment.
COMMENT
If she was going to own a bank, the 3 that she likes would be this one, Royal (RY-T) and Scotia (BNS-T). They have the least exposure to the sub primes.
HOLD
Has managed to get into a new all-time high area and looks very interesting.
TRADE
Second favourite bank. Doing things to cut costs in the states.
COMMENT
Still remains his highest ranked bank and the earnings justify it.
DON'T BUY
Out of the 6 major banks, this one has the worst upside to his model price. His model price is $67.67, a negative of 2%. The biggest upside would be National Bank (NA-T) at 38%.
PAST TOP PICK
(A Top Pick Aug 21/06. Up 8.5%.) Good dividend. Still likes. Had some issues in the US, which they are addressing.
WAIT
If you don't own, wait until September to see what the mood of the market is.
BUY
Switched from this to Royal (RY-T) about 6 months ago. Got a little worried about the Bank North acquisition in the US. Pretty good bank for the long haul.
BUY
Just bought some today. It was down the most of all the banks. Good price.
DON'T BUY
Their US asset Bank North has not worked out as well as they had hoped. Also TD Ameritrade is not making the kind of money that they wanted it to make.
TOP PICK
One of the risks is that bond yields rise. He expects they will hold below the 5.2% level for the time being. Their ROE has begun to accelerate. 15 X earnings is cheap relative to the TSX.
PAST TOP PICK
Then $57.36 Still one of their top banks. TD is particularly well positioned in the Canadian banks.
COMMENT
Spot on the model price.
DON'T BUY
Not particularly strong on this sector, TD not his favourite.
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