In a research note issued to the investors, the brokerage major maintains price-target of $80 per share.The shares have been rated Buy. A Executive Officer at Target Corp. PEG perhaps more useful shows that Target Corp. has a value for PEG of 1.68.
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The market professionals who evaluate the firm’s technical and financial parameters have estimated Target Corporation (NYSE:TGT) to reach a price target of $75.285. For the reporting quarter, equity analysts expect the stock to deliver $0.84 in earnings per share (EPS). (NYSE:TGT) is undervalued the following values will help you decide. Earnings per share (EPS) is 5.15, and this is looking to grow in the next year to 7.71% after growing 36.00% this past year. The stock is now holding above its 50-day SMA of $-5.53 and below its 200-day SMA of $72.09. The stock volatility for week was 1.42% while for month was 1.46%.The stock, as of last close, traded 5.09% to its 52 week low and was changed -17.67% from its 52 week high. During the same quarter in the previous year, the firm earned $1.22 EPS. The thesis came as the research firm cited that it lacks sufficient conviction that the company would be able to reignite comparable growth, with respect to some recent changes in the pharmacy and food sector which don’t resonate well with the guests, in addition to absence of key upside drivers for the stock. First Republic Investment Management Inc. increased its position in shares of Target Corp.by 6.9% in the first quarter.
The ability for Target Corp., to deal with debt, means it current ratio is 1, and quick ratio is 0.3. Edgar Lomax Co. VA now owns 715,210 shares of the retailer’s stock worth $58,847,000 after buying an additional 596,230 shares in the last quarter. Meritage Portfolio Management now owns 190,926 shares of the retailer’s stock worth $13,330,000 after buying an additional 51,785 shares in the last quarter.
The buoyancy in the outlook of Target Corp. Mariner Wealth Advisors LLC now owns 6,472 shares of the retailer’s stock valued at $533,000 after buying an additional 59 shares during the period.
Insiders own 0% percent of the stock.
Target Corporation offers everyday essentials and merchandise to its customers. The Company’s general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items.
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