Zacks Rating on Target Corporation (TGT)

Target Corporation (TGT) : 15 analysts are covering Target Corporation (TGT) and their average rating on the stock is 2.42, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Target Corporation (TGT) : Currently there are 14 street experts covering Target Corporation (TGT) stock. The most bullish and bearish price target for the stock is $93 and $64 respectively for the short term. The average price target of all the analysts comes to $77.43. The estimated standard deviation from the target is $8.76.


Target Corp. has lost 5.87% in the last five trading days and dropped 6.14% in the last 4 weeks. Target Corp. is up 4.26% in the last 3-month period. Year-to-Date the stock performance stands at 0.21%. Target Corporation (NYSE:TGT): stock turned positive on Tuesday. Though the stock opened at $70.59, the bulls momentum made the stock top out at $71.5 level for the day. The stock recorded a low of $70.59 and closed the trading day at $71.05, in the green by 0.94%. The total traded volume for the day was 5,622,696. The stock had closed at $70.39 in the previous days trading.

Target Corporation is engaged in providing everyday essentials and fashionable, and differentiated merchandise at discounted prices. The Company offers its products through stores, online or through mobile devices. The Company sells an assortment of general merchandise and food through its store and digital channels. Its general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. Its urban format stores, CityTarget and TargetExpress, offer edited general merchandise and food assortments. Its digital channels include an assortment of general merchandise, including various items found in its stores, along with a complementary assortment, such as additional sizes and colors sold online. The Companys brands include Archer Farms, Simply Balanced, Boots & Barkley, Circo, Embark, Gilligan & OMalley, Market Pantry, Merona, Room Essentials, Smith & Hawken, Spritz and Sutton & Dodge.

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