Target Corp

Target Corp Stock Forecast & Price Prediction

Live Target Corp Stock (TGT) Price
$147.29

26

Ratings

  • Buy 4
  • Hold 18
  • Sell 4
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$147.29

P/E Ratio

15.51

Volume Traded Today

$7.5M

Dividend

$1.12

52 Week High/low

181.86/105.23

Target Corp Market Cap

$69.10B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $TGT ๐Ÿ›‘

Before you buy TGT you'll want to see this list of ten stocks that have huge potential. Want to see if TGT made the cut? Enter your email below

TGT Summary

Based on ratings from 26 stock analysts, the Target Corp stock price is expected to increase by 19.58% in 12 months. This is calculated by using the average 12-month stock price forecast for Target Corp. The lowest target is $119 and the highest is $210. Please note analyst price targets are not guaranteed and could be missed completely.

TGT Analyst Ratings

About 26 Wall Street analysts have assigned TGT 4 buy ratings, 18 hold ratings, and 4 sell ratings. This means that analysts expect Target Corp to generate similar returns as the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on TGT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

TGT stock forecast by analyst

These are the latest 20 analyst ratings of TGT.

Analyst/Firm

Rating

Price Target

Change

Date

Dean Rosenblum
Bernstein

Market Perform

$168

Initiates

Oct 22, 2024
Greg Melich
Evercore ISI Group

In-Line

$165

Maintains

Oct 22, 2024
Karen Short
Melius Research

Buy

$180

Initiates

Sep 23, 2024
Joseph Feldman
Telsey Advisory Group

Outperform

$195

Maintains

Sep 19, 2024
Christopher Horvers
JP Morgan

Neutral

$167

Maintains

Aug 29, 2024
Steven Shemesh
RBC Capital

Outperform

$177

Maintains

Aug 22, 2024
Mark Astrachan
Stifel

Hold

$165

Maintains

Aug 22, 2024
Michael Lasser
UBS

Buy

$200

Maintains

Aug 22, 2024
Oliver Chen
TD Cowen

Hold

$180

Maintains

Aug 22, 2024
Corey Tarlowe
Jefferies

Buy

$195

Maintains

Aug 22, 2024
Bill Kirk
Roth MKM

Neutral

$157

Maintains

Aug 22, 2024
Paul Lejuez
Citigroup

Buy

$188

Maintains

Aug 22, 2024
Scot Ciccarelli
Truist Securities

Hold

$162

Maintains

Aug 22, 2024
Robert Ohmes
B of A Securities

Buy

$195

Maintains

Aug 22, 2024
Greg Melich
Evercore ISI Group

In-Line

$160

Maintains

Aug 22, 2024
George Kelly
Wells Fargo

Overweight

$180

Maintains

Aug 22, 2024
Joseph Feldman
Telsey Advisory Group

Outperform

$190

Maintains

Aug 21, 2024
Simeon Gutman
Morgan Stanley

Overweight

$180

Maintains

Aug 21, 2024
Joseph Feldman
Telsey Advisory Group

Outperform

$190

Maintains

Aug 16, 2024
Rupesh Parikh
Oppenheimer

Outperform

$180

Maintains

Aug 14, 2024

TGT Company Information

What They Do: General merchandise retailing in the U.S.

Business Model: The company operates a diverse retail business model, generating revenue through the sale of a wide range of products, including apparel, groceries, electronics, and home goods. It utilizes both physical stores and digital channels, such as Target.com, to reach customers.

Other Information: Founded in 1902 and headquartered in Minneapolis, Minnesota, the company also engages in creative partnerships and offers unique shopping experiences to enhance customer engagement. Target Corporation is known for its commitment to providing a variety of merchandise and in-store amenities.

When did it IPO

1983

Staff Count

415,000

Country

United States

Sector/Industry

Consumer Defensive/Discount Stores

CEO

Mr. Brian C. Cornell

Market Cap

$69.10B

Target Corp (TGT) Financial Data

In 2023, TGT generated $109.12B in revenue, which was a increase of 2.94% from the previous year. This can be seen as a signal that TGT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$93.56B

0.00 %
From Previous Year

Revenue From 2022

$106.01B

13.30 %
From Previous Year

Revenue From 2023

$109.12B

2.94 %
From Previous Year
  • Revenue TTM $107.30B
  • Operating Margin TTM 6.6%
  • Gross profit TTM $29.68B
  • Return on assets TTM 7.2%
  • Return on equity TTM 34.0%
  • Profit Margin 4.2%
  • Book Value Per Share 31.26%
  • Market capitalisation $69.10B
  • Revenue for 2021 $93.56B
  • Revenue for 2022 $106.01B
  • Revenue for 2023 $109.12B
  • EPS this year (TTM) $9.67

Target Corp (TGT) Latest News

News Image

Wed, 30 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Premium research service offers Zacks Style Scores, aiding value, growth, and momentum investors in identifying strong stocks.

Why It Matters - Zacks Style Scores enhance stock selection, offering a competitive edge across investment strategies, potentially leading to better returns and informed decision-making.

News Image

Thu, 31 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Premium offers Style Scores to help value, growth, and momentum investors identify strong stocks more easily.

Why It Matters - Zacks Style Scores enhance stock selection across investment strategies, potentially leading to better returns and informed decisions, impacting investor portfolio performance.

News Image

Fri, 01 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Wall Street analysts' rating changes can influence stock prices, prompting investors to consider their recommendations for Buy, Sell, or Hold decisions.

Why It Matters - Wall Street analysts' ratings influence stock prices and investor sentiment, impacting market movements and trading strategies, which can lead to significant financial implications.

News Image

Fri, 01 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Target (TGT) has been upgraded to a Zacks Rank #1 (Strong Buy), indicating increased optimism regarding its earnings prospects.

Why It Matters - Target's upgrade to Zacks Rank #1 signals strong earnings potential, likely boosting investor confidence and potentially driving stock prices higher.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - CNBC Television

Summary - The Investment Committee is currently discussing their latest investment recommendations, referred to as the "Calls Of The Day."

Why It Matters - The Investment Committee's discussions on Calls Of The Day may signal shifts in market sentiment or investment strategies, influencing stock performance and investor decisions.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Target has demonstrated resilience through the pandemic and supply chain issues, consistently beating earnings estimates and effectively targeting the upper middle class customer segment.

Why It Matters - Target's resilience during crises and consistent earnings beats signal strong operational stability, appealing to investors seeking reliable growth in a challenging market.

...

TGT Frequently asked questions

The highest forecasted price for TGT is $210 from Michael Baker at DA Davidson.

The lowest forecasted price for TGT is $119 from from

The TGT analyst ratings consensus are 4 buy ratings, 18 hold ratings, and 4 sell ratings.