(TD) Toronto Dominion Bank - Ratings and Ratios

The Toronto-Dominion Bank is a diversified financial institution operating across Canada, the United States, and internationally, offering a broad range of financial products and services through its four main segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. The bank provides a comprehensive suite of services, including personal and business banking, wealth management, and investment banking, catering to both individual and institutional clients. With a history dating back to 1855, TD Bank has established itself as a major player in the banking industry, with a strong presence in North America.

TD Banks diverse business model allows it to capitalize on various market opportunities, with a significant presence in the Canadian and US markets. The banks wealth management and insurance segments offer a range of products, including asset management, insurance, and investment services, providing a stable source of revenue. Additionally, TD Banks wholesale banking segment offers corporate and investment banking services, including capital markets, underwriting, and advisory services, positioning it as a key player in the global financial markets.

From a technical analysis perspective, TD Banks stock price has been trending upwards, with the stock recently trading at $94.77, above its 20-day, 50-day, and 200-day moving averages. The Average True Range (ATR) indicates a moderate level of volatility, suggesting that the stock is experiencing a relatively stable price movement. Based on the technical data, a potential price target for TD Bank could be $100, representing a 5.5% increase from the current price.

Fundamentally, TD Banks market capitalization stands at $160 billion CAD, with a price-to-earnings ratio of 9.64 and a forward P/E of 11.90. The banks return on equity (RoE) is 7.70%, indicating a relatively stable and profitable business model. Considering the fundamental data, a forecast for TD Banks stock price could be influenced by its ability to maintain a strong RoE and expand its business segments. Assuming a continued stable performance, a potential earnings growth rate of 5-7% could translate to a higher stock price, potentially reaching $105-110 in the next 12-18 months, representing a 10-15% increase from the current price.