Target Corp (NYSE:TGT) shares traded 1.23% up during most recent session to reach at the closing price of $77.12. The stock exchanged hands 3.8 Million shares versus average trading capacity of 5.6 Million shares, yielding a market cap of $40.43 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $85.73 within the next 52-weeks. The mean target projections are based on 21 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Target Corp (NYSE:TGT) high price target of $110 and with a conservative view have low price target of $67.
Deutsche Bank “Maintained” Target Corp (NYSE:TGT) in a research note issued to investors on 3/06/19 to Hold with price target of $84.
Additionally on 3/06/19 BMO Capital “Maintained” Target Corp (NYSE:TGT) to Market Perform setting price target at $78 and on 12/26/18 Standpoint Research “Upgrades” the stock to Buy at $0. Furthermore on 12/03/18 Citigroup “Maintained” the stock to Neutral at $78.
On the other hand the company has Relative Strength Index (RSI 14) of 68.02 along with Average True Range (ATR 14) of 1.48, Consequently Target Corp (NYSE:TGT)’s weekly and monthly volatility is 1.43%, 1.93% respectively. The company’s beta value is at 0.63.
In terms of Buy, Sell or Hold recommendations, Target Corp (NYSE:TGT) has analysts’ mean recommendation of 2.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Target Corp (NYSE:TGT)’s minimum EPS for the current quarter is at $1.35 and can go high up to $1.52. The consensus mean EPS for the current quarter is at $1.43 derived from a total of 22 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.32 earnings per share for the same quarter during last year.
Previously Target Corp (NYSE:TGT) reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.01. The company posted an earnings surprise of 0.7%.
Target Corp (NYSE:TGT)’s revenue estimates for the current quarter are $17.48 Billion according to 15 number of analysts, for the current quarter the company has high revenue estimates of $17.71 Billion in contradiction of low revenue estimates of $17.23 Billion. For the current year the company’s revenue estimates are $77.95 Billion compared to low analyst estimates of $76.89 Billion and high estimates of $79.28 Billion according to 16 number of analysts.
Currently Target Corp (NYSE:TGT)’s shares owned by insiders are 0.13%, whereas shares owned by institutional owners are 85%. However the six-month change in the insider ownership was recorded -6.35%, as well as three-month change in the institutional ownership was recorded -0.94%.
Target Corp (NYSE:TGT)’s trailing twelve month revenues are $75.36 Billion, whereas its price to sales ratio for the same period is 0.54. Its book value per share for the most recent quarter is $21.07 while its price to book ratio for the same period is 3.66, as for as the company’s cash per share for the most recent quarter is $1.57, however its price to cash per share ratio for the same period is 49.01. The stock has 5 year expected PEG ratio of 1.45 whereas its trailing twelve month P/E ratio is 14.21.