26.8% Above Target

TD's consensus price target is $89.52, -26.8% below the current price of $122.25. The 17 analysts tracking TD see downside risk at present valuations.

TD has a consensus rating of "Buy" based on 17 Wall Street analysts. The rating breakdown is predominantly bullish, with 9 Buy/Strong Buy ratings. The consensus 12-month price target of $89.52 implies -26.8% downside from current levels.

With a forward P/E of 13.2014x, TD trades at a relatively low valuation. The consensus target of $89.52 implies -26.8% move, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $91.511 for TD, while the most conservative target is $87.5322. The consensus of $89.52 represents the median expectation. Our quantitative valuation model projects a bull case target of $237 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

TD is well covered by analysts, with 17 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 9 have Buy ratings, 8 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month TD stock forecast based on 17 Wall Street analysts shows a consensus price target of $89.52, with estimates ranging from $87.5322 (bear case) to $91.511 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $180, with bear/bull scenarios of $113/$237.

Our quantitative valuation model calculates TD's fair value at $180 (base case), with a bear case of $113 and bull case of $237. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 48/100.

TD trades at a forward P/E ratio of 13.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 15.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on TD, with 0 Sell ratings and a price target of $89.52 (-26.8% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

TD analyst price targets range from $87.5322 to $91.511, a 4% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $89.52 consensus represents the middle ground. Our model's $113-$237 range provides an independent fundamental perspective.