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Target (TGT) Stock Forecast & Price Target

$144.41
+1.14 (+0.80%)
(As of 04:29 PM ET)

Target - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 28 Analyst Ratings

Consensus Price Target

$180.41
24.93% Upside
High Forecast$220.00
Average Forecast$180.41
Low Forecast$134.00
TypeCurrent Forecast
5/24/23 to 5/23/24
1 Month Ago
4/24/23 to 4/23/24
3 Months Ago
2/23/23 to 2/23/24
1 Year Ago
5/24/22 to 5/24/23
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
18 Buy rating(s)
16 Buy rating(s)
13 Buy rating(s)
16 Buy rating(s)
Hold
10 Hold rating(s)
11 Hold rating(s)
14 Hold rating(s)
12 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$180.41$181.85$155.31$181.69
Forecasted Upside24.93% Upside10.24% Upside18.51% Upside12.33% Upside
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TGT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TGT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Target Stock vs. The Competition

TypeTargetRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.63
2.42
2.49
Consensus RatingModerate BuyHoldHold
Predicted Upside25.57% Upside46.81% Upside9.63% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/23/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy ➝ Buy$209.00 ➝ $190.00+31.21%
5/23/2024Robert W. Baird
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 Reiterated RatingOutperform ➝ Outperform$190.00 ➝ $190.00+31.52%
5/23/2024Roth Mkm
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 Reiterated RatingNeutral ➝ Neutral$153.00 ➝ $153.00+7.30%
5/23/2024BMO Capital Markets
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 Lower TargetMarket Perform ➝ Market Perform$170.00 ➝ $155.00+8.70%
5/23/2024UBS Group
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 Lower TargetBuy ➝ Buy$191.00 ➝ $185.00+29.74%
5/23/2024Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$191.00 ➝ $181.00+26.94%
5/23/2024Truist Financial
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 Lower TargetHold ➝ Hold$160.00 ➝ $153.00+6.72%
5/23/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$190.00 ➝ $180.00+25.55%
5/22/2024Telsey Advisory Group
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 Reiterated RatingOutperform ➝ Outperform$195.00 ➝ $195.00+25.22%
5/21/2024Evercore ISI
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 Boost Target$178.00 ➝ $180.00+15.70%
5/7/2024Citigroup
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 UpgradeNeutral ➝ Buy$180.00+13.64%
4/4/2024Gordon Haskett
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 Boost TargetBuy$200.00 ➝ $220.00+25.35%
4/1/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$195.00 ➝ $205.00+13.98%
3/27/2024Tigress Financial
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 Boost TargetBuy ➝ Buy$180.00 ➝ $210.00+21.58%
3/6/2024Bank of America
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 Boost TargetBuy ➝ Buy$160.00 ➝ $190.00+9.83%
3/6/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$153.00 ➝ $177.00+1.39%
3/6/2024DA Davidson
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 Boost TargetBuy ➝ Buy$167.00 ➝ $195.00+14.87%
3/6/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$165.00 ➝ $190.00+12.69%
3/6/2024Guggenheim
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 Boost TargetBuy ➝ Buy$160.00 ➝ $190.00+12.69%
3/6/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$142.00 ➝ $169.00+0.24%
3/6/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$176.00 ➝ $194.00+15.07%
3/6/2024HSBC
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 UpgradeHold ➝ Buy$140.00 ➝ $195.00+15.66%
3/1/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$125.00 ➝ $157.00+1.70%
2/26/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$160.00 ➝ $170.00+12.20%
11/16/2023TD Cowen
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 DowngradeOutperform ➝ Market Perform$161.00 ➝ $148.00+13.44%
8/22/2023Daiwa Capital Markets
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 DowngradeOutperform ➝ Neutral$134.00+4.84%
8/14/2023Piper Sandler
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 Lower TargetOverweight ➝ Overweight$220.00 ➝ $185.00+42.34%
7/26/2023Raymond James
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 DowngradeStrong-Buy ➝ Market Perform
3/1/2023Roth Capital
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W. Kirk
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Reiterated RatingNeutral
3/1/2023Credit Suisse Group
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 Boost TargetNeutral$160.00 ➝ $170.00+5.09%
2/15/2023Cowen
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 Lower TargetOutperform$210.00 ➝ $200.00+15.63%
12/6/2022Sanford C. Bernstein
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 Initiated CoverageOutperform$190.00+22.64%
11/17/2022KeyCorp
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 Lower TargetOverweight$200.00 ➝ $180.00+15.78%
8/22/2022Cowen
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 Boost Target$210.00+29.66%
8/18/2022MKM Partners
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William Kirk
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Lower TargetNeutral$163.00 ➝ $161.00-7.93%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:12 PM ET.

TGT Frequently Asked Questions

What is Target's stock forecast and purchase recommendation?

According to the research reports of 28 Wall Street equities research analysts, the average twelve-month stock price forecast for Target is $180.41, with a high forecast of $220.00 and a low forecast of $134.00. The consensus rating for Target stock is Moderate Buy based on the current 10 hold ratings and 18 buy ratings for TGT. Learn more on TGT's analyst rating history.

Do Wall Street analysts like Target more than its competitors?

Analysts like Target more than other "retail/wholesale" companies. The consensus rating for Target is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how TGT compares to other companies.

Is Target being upgraded by Wall Street analysts?

Over the previous 90 days, Target's stock had 3 upgrades by analysts.

Does Target's stock price have much upside?

According to analysts, Target's stock has a predicted upside of 15.92% based on their 12-month stock forecasts.


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This page (NYSE:TGT) was last updated on 5/23/2024 by MarketBeat.com Staff

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