Price Target Analysis of Target Corp. (NYSE:TGT)

Price Target Analysis of Target Corp. (NYSE:TGT)

Price Target Analysis of Target Corp. (NYSE:TGT)

Security Asset Management acquired a new position in Target during the 4th quarter worth $115,000. CAPROCK Group Inc. purchased a new stake in shares of Target in the third quarter worth $832,000. Dimensional Fund Advisors LP grew its position in Target by 49.7% during the third quarter. Heritage Trust Co now owns 1,771 shares of the retailer's stock worth $105,000 after purchasing an additional 1,000 shares in the last quarter. London Co Of Virginia who had been investing in Target Corp for a number of months, seems to be bullish on the $40.84 billion market cap company. About 7.65M shares traded or 14.37% up from the average. Target Co. The company has a current ratio of 0.96, a quick ratio of 0.27 and a debt-to-equity ratio of 1.01. Target has a 1 year low of $48.56 and a 1 year high of $78.70. The firm has a market capitalization of $38,530.00, a price-to-earnings ratio of 15.06, a P/E/G ratio of 3.55 and a beta of 0.71.

Target Corporation (NYSE:TGT)'s stock on Monday traded at beginning with a price of $74.77 and when day-trade ended the stock finally plunged -0.01% to reach at $75.14. Vetr downgraded shares of Target from a "hold" rating to a "sell" rating and set a $73.66 target price for the a research report on Tuesday, February 27th. Company fiscal year is ending in January and analysts' consensus recommendation is Hold for TGT and estimated EPS for next quarter is 1.41. Target had a net margin of 3.80% and a return on equity of 24.09%.

Target (TGT -4.2%) makes a series of announcements on its strategy and new initiatives as part of an investor meeting today. Investors of record on Wednesday, February 21st will be given a dividend of 0.62 per share by the retailer on Saturday, March 10th. This represents a $2.48 annualized dividend and a yield of 3.28%. The ex-dividend date of this dividend is Tuesday, February 20th. Target's dividend payout ratio (DPR) is presently 52.10%. MKM Partners set a $93.00 price objective on Target and gave the company a "buy" rating in a research note on Friday, January 12th. RBC Capital Markets maintained it with "Hold" rating and $11500 target in Friday, July 14 report. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. They set a "neutral" rating for the company. Robert W. Baird maintained the shares of TGT in report on Tuesday, January 9 with "Hold" rating. (NYSE:TGT) as Buy, 0 analysts given Outperform signal, 3 reported Hold, and 1 analysts rated the stock as Sell.

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Target Corporation (TGT) stock is now trading 23.52% away from its average-price of 200 days while it maintained a distance of 3.74% from its 50 Days Moving Average and 1.57% compared with the 20 Day Moving Average. Also, insider Stephanie A. Lundquist sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, January 23rd. The current share price indicates that stock is -0.36% away from its one year high and is moving 62.11% ahead of its 52-week low. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert M. Harrison sold 8,557 shares of the company's stock in a transaction dated Thursday, January 18th.

Total shares held by institutions as of the most recent company filings are 265,252,374 with a reported 8,158,935 bought and 12,861,569 sold. Following the completion of the transaction, the insider now owns 16,906 shares of the company's stock, valued at approximately $1,320,020.48. The disclosure for this sale can be found here. Insiders have sold a total of 16,262 shares of company stock worth $1,185,484 over the last 90 days.

Now insiders hold 2,355,125 shares in the business which makes up 0.43% of shares. "(TGT) Shares Sold by BlackRock Inc." was published by The Lincolnian Online and is owned by of The Lincolnian Online.

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