Toronto-Dominion Bank stock (CA8911605092): CIBC lifts target to C$164

Toronto-Dominion Bank drew fresh attention on the Toronto Stock Exchange after CIBC raised its price target to C$164 from C$151 on 05/29/2026, extending a wave of recent analyst updates on one of Canada's most closely watched banks. MarketBeat showed the shares at C$157.75 as of 05/29/2026, while StockAnalysis listed the dividend yield at 4.00% for TSX:TD, underscoring the domestic listing and Canadian-currency profile that matter to investors in Canada.MarketBeat as of 05/29/2026 StockAnalysis as of 05/29/2026

The latest analyst tone comes as TD trades near the upper end of recent quoted levels on the TSX, and the bank's dividend profile continues to be part of the investment case. For Canadian readers, the home-market anchor remains clear: the stock is listed in Toronto, quoted in CAD, and remains active under TSX:TD rather than a foreign venue.

As of: 06/01/2026

By the editorial team - specialized in equity coverage.

Toronto-Dominion Bank: core business model

Toronto-Dominion Bank earns most of its revenue from retail and commercial banking activities across Canada and the United States, supported by wealth management and capital-markets services.

What banks and research houses say about Toronto-Dominion Bank

That spread between a higher single-bank target and the broader consensus gives traders a useful read-through on sentiment, even if it does not by itself change the company's operating profile. MarketBeat said the average target implied about 5.9% downside from the quoted share price of C$157.75 on 05/29/2026, a reminder that analyst views remain mixed even as the stock stays well covered in Canada.

Conclusion

TD's latest analyst backdrop is centered on valuation and dividend appeal rather than a new corporate event, with CIBC's higher target landing above the wider consensus. The TSX listing, Canadian-dollar pricing, and bank-heavy business mix keep the stock firmly tied to domestic market sentiment.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.