Research Report for Investors: Target Corp. (NYSE:TGT)

Marco Green
December 5, 2017

Goldman Sachs maintained Target Corporation (NYSE:TGT) rating on Thursday, August 18. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Credit Suisse reinitiated it with "Neutral" rating and $65 target in Friday, September 16 report. Insight 2811 Inc acquired 6,180 shares as Target Corp (TGT)'s stock declined 14.90%. The company had a trading volume of 8,317,900 shares, compared to its average volume of 7,420,128.

Target Corporation (NYSE:TGT) is now up 28.83% compared to a 12-month low of $48.56. Target Co. The firm has a market cap of $34,010.00, a P/E ratio of 12.40, a PEG ratio of 7.36 and a beta of 0.64.

Target (NYSE:TGT) last released its earnings results on Wednesday, November 15th. The retailer reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.05. The Return on Equity (ROE) value stands at 24%.

Target Corp. (NYSE:TGT) has the Market Capitalization of 35.02 Billion. During the same period in the prior year, the firm earned $1.29 earnings per share. While talking about Performance of the Stock, Target Corp. now has a Weekly performance of 12.03%, monthly performance percentage is 4.63 percent, Quarterly performance is 9.08 percent, 6 months performance shows a percent value of 14.62% and Yearly Performance is -19.73 percent.

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, December 10th. Investors of record on Wednesday, November 15th will be paid a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date is Tuesday, November 14th. The Return on Equity ratio of Target Corp. Continental Advisors Llc, a Illinois-based fund reported 433,103 shares. Vetr cut shares of Target from a "buy" rating to a "hold" rating and set a $59.67 price objective for the company.in a research report on Monday, August 7th. Telsey Advisory Group downgraded the shares of TGT in report on Wednesday, March 1 to "Market Perform" rating.

Target (NYSE:TGT) had its price target reduced by Morgan Stanley from $52.00 to $50.00 in a research report sent to investors on Thursday, November 16th.

At the end of 09/30/2017 reporting period, 473 institutional holders increased their position in Target Corporation (NYSE:TGT) by some 49,302,673 shares, 538 decreased positions by 27,234,192 and 125 held positions by 407,531,116. Five investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seven have assigned a buy rating to the company. The stock gained 1.1 percent over the past month and fell -17.61 percent year-to-date. The stock was sold at an average price of $59.37, for a total transaction of $277,792.23.

Monday's good tidings follows a solid couple of weeks for TGT stock backed by strong holiday sales and somewhat ironically, on the heels of shares being slammed by roughly 10% on a disappointing holiday forecast in mid-November.

TRADEMARK VIOLATION NOTICE: This report was originally published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. Its digital channels include a range of general merchandise, including a range of items found in its stores, along with an assortment, such as additional sizes and colors sold only online.

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