Barclays Lifts PT on The Toronto-Dominion Bank (TD) Following Q2
Key takeaways
- Reported net income for the quarter was $4,251 million, compared with $11,129 million, with the adjusted net income reaching $4,168 million, compared with $3,626 million in the prior year period.
- The Toronto-Dominion Bank (NYSE:TD) provides financial products and services.
- While we acknowledge the potential of TD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.
Barclays Lifts PT on The Toronto-Dominion Bank (TD) Following Q2 Noor Ul Ain Rehman Tue, June 2, 2026 at 9:41 PM GMT+7 2 min read TD BCS The Toronto-Dominion Bank (NYSE:TD) is one of the top 10 undervalued blue chip stocks analysts recommend for smart investing. Barclays lifted the price target on The Toronto-Dominion Bank (NYSE:TD) to C$140 from C$135 on May 29, maintaining an Underweight rating on the shares. The rating update came after the bank reported financial results for fiscal Q2 2026. The Toronto-Dominion Bank (NYSE:TD) also received a rating update from CIBC the same day, with the firm raising the price target on the stock to C$164 from C$151 and maintaining a Neutral rating on the shares.
In its financial results for the quarter ended April 30, 2026, The Toronto-Dominion Bank (NYSE:TD) announced that reported diluted earnings per share were $2.43, compared with $6.27 in the prior year period, while adjusted diluted earnings per share were $2.38, compared to $1.97 in fiscal Q2 2025. Reported net income for the quarter was $4,251 million, compared with $11,129 million, with the adjusted net income reaching $4,168 million, compared with $3,626 million in the prior year period.
The Toronto-Dominion Bank (NYSE:TD) provides financial products and services. Its operations are divided into the following segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, Wholesale Banking, and Corporate segment.