Target Stock Forecast, Price & News

Target's stock was trading at $105.58 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TGT shares have increased by 70.3% and is now trading at $179.77.
View which stocks have been most impacted by COVID-19.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 7 hold ratings, 16 buy ratings and 3 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Target.

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Target is scheduled to release its next quarterly earnings announcement on Tuesday, March 2nd 2021.
View our earnings forecast for Target.

Target Co. (NYSE:TGT) issued its earnings results on Tuesday, November, 17th. The retailer reported $2.79 EPS for the quarter, beating analysts' consensus estimates of $1.60 by $1.19. The retailer earned $22.63 billion during the quarter, compared to analyst estimates of $20.91 billion. Target had a return on equity of 30.25% and a net margin of 4.16%. During the same quarter in the prior year, the business posted $1.36 earnings per share.
View Target's earnings history.

Target announced a quarterly dividend on Thursday, September 24th. Shareholders of record on Wednesday, November 18th will be given a dividend of $0.68 per share on Thursday, December 10th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date is Tuesday, November 17th.
View Target's dividend history.

Target announced that its Board of Directors has authorized a stock repurchase program on Thursday, September 19th 2019, which permits the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 9.1% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management believes its stock is undervalued.

26 brokerages have issued 1 year price objectives for Target's shares. Their forecasts range from $120.00 to $205.00. On average, they expect Target's stock price to reach $149.14 in the next year. This suggests that the stock has a possible downside of 17.0%.
View analysts' price targets for Target.

Target saw a decrease in short interest during the month of October. As of October 30th, there was short interest totaling 6,520,000 shares, a decrease of 28.4% from the October 15th total of 9,100,000 shares. Based on an average daily trading volume, of 3,910,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 1.3% of the company's shares are sold short.
View Target's Short Interest.

Some companies that are related to Target include Costco Wholesale (COST), Dollar General (DG), Wal-Mart de México (WMMVY), Tesco (TSCDY), Dollar Tree (DLTR), Five Below (FIVE), Ollie's Bargain Outlet (OLLI), BJ's Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUESQ) and Fred's (FREDQ).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Target investors own include NVIDIA (NVDA), Walmart (WMT), AT&T (T), The Walt Disney (DIS), Johnson & Johnson (JNJ), The Home Depot (HD), Verizon Communications (VZ), Intel (INTC), Alibaba Group (BABA) and Cisco Systems (CSCO).

Target trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGT."

Target's stock is owned by many different institutional and retail investors. Top institutional investors include State Street Corp (7.91%), BlackRock Inc. (6.93%), LSV Asset Management (0.99%), Nuveen Asset Management LLC (0.84%), AQR Capital Management LLC (0.67%) and UBS Asset Management Americas Inc. (0.60%). Company insiders that own Target stock include Brian C Cornell, Cathy R Smith, Christina Hennington, Don H Liu, Janna A Potts, Laysha Ward, Mark J Tritton, Mark Schindele, Michael Edward Mcnamara, Robert M Harrison, Roxanne S Austin and Stephanie A Lundquist.
View institutional ownership trends for Target.

TGT stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, AQR Capital Management LLC, BlackRock Inc., State Street Corp, LSV Asset Management, Allianz Asset Management GmbH, Assenagon Asset Management S.A., and Charles Schwab Investment Management Inc.. Company insiders that have sold Target company stock in the last year include Brian C Cornell, Christina Hennington, Don H Liu, Mark Schindele, Michael Edward Mcnamara, Robert M Harrison, Roxanne S Austin, and Stephanie A Lundquist.
View insider buying and selling activity for Target.

TGT stock was acquired by a variety of institutional investors in the last quarter, including Candlestick Capital Management LP, California Public Employees Retirement System, Neuberger Berman Group LLC, KBC Group NV, Interval Partners LP, CIBC Private Wealth Group LLC, Point72 Asset Management L.P., and Acadian Asset Management LLC.
View insider buying and selling activity for Target.

Shares of TGT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TGT stock can currently be purchased for approximately $179.77.

Target has a market capitalization of $90.00 billion and generates $78.11 billion in revenue each year. The retailer earns $3.28 billion in net income (profit) each year or $6.39 on an earnings per share basis. Target employs 368,000 workers across the globe.

The official website for Target is www.target.com.

Target's mailing address is 1000 NICOLLET MALL, MINNEAPOLIS MN, 55403. The retailer can be reached via phone at 612-304-6073 or via email at [email protected]