Target Corporation (TGT) has risen sharply, recording gains of 5.09% in the past 4 weeks. However, the stock has corrected -0.52% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.54% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Target Corporation (NYSE:TGT): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $74.51 and $74.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $75.11. The buying momentum continued till the end and the stock did not give up its gains. It closed at $74.94, notching a gain of 1.08% for the day. The total traded volume was 3,056,570 . The stock had closed at $74.14 on the previous day.
The stock has recorded a 20-day Moving Average of 0.98% and the 50-Day Moving Average is 5.67%. Target Corp. has dropped 4.1% during the last 3-month period . Year-to-Date the stock performance stands at 4.86%.
Target Corporation (TGT) : Average target price received by Target Corporation (TGT) is $78.88 with an expected standard deviation of $8.97. The most aggressive target on the stock is $95, whereas the most downbeat target is $65. 16 financial analysts are currently covering the stock.
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.