Stock To Watch: Target Corporation (NYSE:TGT)


The leading market experts have placed a mean price target of $75.28 on Target Corporation (NYSE:TGT) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.62 a share for the upcoming quarter and $4.99 for the current fiscal.

Technical View

The technical analysis of Target Corporation Common Stock plainly substantiates that the 50-day moving average of Target Corporation Common Stock is $73.49, and stock is trading $-3.37 points away or -4.58% from its 50-day moving average of $73.49. Further it is trading $-5.06 or -6.73% away its 200-day moving average of $75.18. Target Corporation (NYSE:TGT) 52-week high is $84.14 and the 52-week low is $65.50.

This explains if the stock moves $-14.02, it will post a 52-week high. In event of +7.05% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Target Corporation Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Target Corporation (NYSE:TGT) ratio came in at 12.98.

The stock last ended the trading session at $70.12 and registered a market cap of $41.32B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Target Corporation (NYSE:TGT) PEG ratio is at 1.76.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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