Target Corporation (TGT) has been under a strong bear grip, hence the stock is down -6.41% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.99% in the past 1 week. The stock has risen by 0.33% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.61% in the past 4 weeks.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 3.49% and the fifty day Moving Average is 2.03%. Target Corp. is up 2.92% in the last three month period. Year-to-Date the stock performance stands at -0.78%.
Target Corporation (TGT) : The consensus price target for Target Corporation (TGT) is $75.64 for the short term with a standard deviation of $7.05. The most optimist securities analyst among the 14 who monitor the stock believes that the stock can reach $89, however, the pessimist price target for the company is $64.
Target Corporation (NYSE:TGT): On Fridays trading session , Opening price of the stock was $70.78 with an intraday high of $71.5. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $70.08. However, the stock managed to close at $70.35, a loss of 0.65% for the day. On the previous day, the stock had closed at $70.81. The total traded volume of the day was 5,023,072 shares.
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.