Target (NYSE:TGT) PT Set at $110.00 by Telsey Advisory Group

Target (NYSE:TGT - Get Free Report) has been given a $110.00 price target by equities researchers at Telsey Advisory Group in a research note issued to investors on Thursday, MarketBeat Ratings reports. The firm presently has a "market perform" rating on the retailer's stock. Telsey Advisory Group's price target would indicate a potential upside of 15.73% from the stock's previous close. Telsey Advisory Group also issued estimates for Target's Q1 2026 earnings at $1.72 EPS, Q2 2026 earnings at $2.49 EPS, FY2026 earnings at $8.80 EPS, Q1 2027 earnings at $1.94 EPS, Q2 2027 earnings at $2.58 EPS, Q3 2027 earnings at $2.24 EPS, Q4 2027 earnings at $2.79 EPS and FY2027 earnings at $9.55 EPS.

A number of other research analysts have also recently weighed in on TGT. Roth Capital set a $122.00 price objective on shares of Target in a research report on Wednesday, March 5th. Barclays lowered their target price on shares of Target from $140.00 to $102.00 and set an "equal weight" rating for the company in a research note on Monday. The Goldman Sachs Group lowered shares of Target from a "buy" rating to a "neutral" rating and lowered their target price for the company from $142.00 to $101.00 in a research note on Wednesday, April 16th. Evercore ISI lowered their target price on shares of Target from $130.00 to $120.00 and set an "in-line" rating for the company in a research note on Tuesday, April 1st. Finally, JPMorgan Chase & Co. lowered their target price on shares of Target from $140.00 to $105.00 and set a "neutral" rating for the company in a research note on Friday, May 9th. Two research analysts have rated the stock with a sell rating, twenty-five have given a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $118.65.

Target Trading Up 2.2%

TGT stock opened at $95.05 on Thursday. 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 has a twelve month low of $87.35 and a twelve month high of $167.40. The stock has a market capitalization of $43.19 billion, a price-to-earnings ratio of 10.08, a price-to-earnings-growth ratio of 1.94 and a beta of 1.27. The firm's fifty day simple moving average is $97.49 and its two-hundred day simple moving average is $120.55.

Target (NYSE:TGT - Get Free Report) last posted its quarterly earnings data on Wednesday, May 21st. The retailer reported $1.30 earnings per share for the quarter, missing analysts' consensus estimates of $1.65 by ($0.35). Target had a net margin of 4.06% and a return on equity of 31.11%. The firm had revenue of $24.20 billion for the quarter, compared to the consensus estimate of $24.54 billion. During the same quarter last year, the firm earned $2.03 EPS. The company's revenue was down 2.8% on a year-over-year basis. As a group, analysts anticipate that Target will post 8.69 earnings per share for the current year.

Hedge Funds Weigh In On Target

Hedge funds have recently modified their holdings of the stock. Hopwood Financial Services Inc. acquired a new position in shares of Target during the fourth quarter valued at about $29,000. Bernard Wealth Management Corp. acquired a new position in shares of Target during the fourth quarter valued at about $29,000. WPG Advisers LLC acquired a new position in shares of Target during the first quarter valued at about $32,000. Raleigh Capital Management Inc. increased its holdings in shares of Target by 110.7% during the fourth quarter. Raleigh Capital Management Inc. now owns 257 shares of the retailer's stock valued at $35,000 after acquiring an additional 135 shares in the last quarter. Finally, MCF Advisors LLC increased its holdings in shares of Target by 175.3% during the fourth quarter. MCF Advisors LLC now owns 256 shares of the retailer's stock valued at $35,000 after acquiring an additional 163 shares in the last quarter. Institutional investors and hedge funds own 79.73% of the company's stock.

Target Company Profile

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.