Analysts’ Recent Ratings Changes for Toronto-Dominion Bank (TD)

A number of firms have modified their ratings and price targets on shares of Toronto-Dominion Bank (TSE: TD) recently:

• 5/20/2026 – Toronto-Dominion Bank had its price target raised by Canaccord Genuity Group Inc. from C$149.00 to C$158.00. They now have a “buy” rating on the stock.
• 5/20/2026 – Toronto-Dominion Bank had its price target raised by Jefferies Financial Group Inc. from C$134.00 to C$142.00.
• 5/15/2026 – Toronto-Dominion Bank had its price target raised by National Bank Financial from C$146.00 to C$157.00. They now have an “outperform” rating on the stock.
• 5/14/2026 – Toronto-Dominion Bank had its price target raised by Canadian Imperial Bank of Commerce from C$142.00 to C$151.00. They now have a “neutral” rating on the stock.
• 5/12/2026 – Toronto-Dominion Bank was upgraded by Raymond James Financial, Inc. from “hold” to “moderate buy”. They now have a C$152.50 price target on the stock, up from C$141.00.
• 5/5/2026 – Toronto-Dominion Bank had its price target raised by Desjardins from C$145.00 to C$154.00. They now have a “buy” rating on the stock.
• 5/4/2026 – Toronto-Dominion Bank was upgraded by Scotiabank from “sector perform” to “sector outperform”. They now have a C$150.00 price target on the stock, up from C$142.00.
• 3/25/2026 – Toronto-Dominion Bank had its price target lowered by Royal Bank Of Canada from C$148.00 to C$138.00. They now have an “outperform” rating on the stock.

Toronto-Dominion Bank Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 30th were given a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, April 9th. Toronto-Dominion Bank’s dividend payout ratio is presently 34.25%.

TD Asset Management Inc (‘TDAM’), a member of TD Bank Group, is a Canadian investment management firm with a growing global presence. Bringing together three decades of investment experience, our broad selection of strategies and solutions includes fundamental equities, quantitative and passive equities, fixed income across the credit quality spectrum and alternatives, such as private credit, infrastructure and real estate. TDAM offers institutional investment solutions to corporations, pension funds, endowments and foundations, sovereign wealth funds and superannuation funds, among others.