Shares of Target Co. (NYSE:TGT – Get Free Report) have earned a consensus recommendation of “Hold” from the thirty-two research firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, seventeen have issued a hold rating and fourteen have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $157.70.
A number of research analysts have weighed in on the company. Gordon Haskett downgraded Target from a “buy” rating to a “hold” rating in a report on Thursday. Daiwa America cut shares of Target from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Guggenheim boosted their target price on shares of Target from $145.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, January 22nd. Citigroup increased their price target on shares of Target from $130.00 to $133.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Finally, StockNews.com raised shares of Target from a “hold” rating to a “buy” rating in a research report on Friday, January 17th.
Check Out Our Latest Stock Report on Target
Institutional Inflows and Outflows
Target Stock Performance
Shares of NYSE TGT opened at $128.72 on Friday. The firm’s 50-day moving average price is $135.20 and its 200-day moving average price is $143.44. Target has a 52-week low of $120.21 and a 52-week high of $181.86. The company has a market cap of $58.98 billion, a PE ratio of 13.65, a PEG ratio of 2.04 and a beta of 1.15. The company has a quick ratio of 0.25, a current ratio of 0.94 and a debt-to-equity ratio of 0.99.
Target (NYSE:TGT – Get Free Report) last issued its earnings results on Wednesday, November 20th. The retailer reported $1.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.45). The company had revenue of $25.23 billion during the quarter, compared to analysts’ expectations of $25.87 billion. Target had a return on equity of 31.11% and a net margin of 4.06%. The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.10 EPS. As a group, analysts anticipate that Target will post 8.69 EPS for the current year.
Target Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Stockholders of record on Wednesday, February 12th will be issued a dividend of $1.12 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $4.48 annualized dividend and a dividend yield of 3.48%. Target’s dividend payout ratio (DPR) is 47.51%.
About Target
Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.
See Also
- Five stocks we like better than Target
- How to Most Effectively Use the MarketBeat Earnings Screener
- Upstart’s Uptrend Is Just Getting Started: Its Time to Load Up
- Manufacturing Stocks Investing
- Archer Aviation Lands BlackRock Investment—What’s Next for ACHR?
- ETF Screener: Uses and Step-by-Step Guide
- Buffett Buys More Occidental Petroleum—Sticking to His Playbook
Receive News & Ratings for Target Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Target and related companies with MarketBeat.com's FREE daily email newsletter.