Target (NYSE:TGT) received a $70.00 price objective from investment analysts at BMO Capital Markets in a report released on Tuesday. The brokerage presently has a “hold” rating on the retailer’s stock. BMO Capital Markets’ price target would indicate a potential upside of 1.07% from the stock’s previous close.

TGT has been the topic of a number of other reports. Citigroup increased their price target on shares of Target from $76.00 to $92.00 and gave the company a “neutral” rating in a research report on Monday, August 27th. Stifel Nicolaus increased their price target on shares of Target from $85.00 to $93.00 and gave the company a “hold” rating in a research report on Thursday, August 23rd. Wolfe Research cut shares of Target from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 23rd. Barclays increased their price target on shares of Target from $70.00 to $90.00 and gave the company an “equal weight” rating in a research report on Thursday, August 23rd. Finally, Robert W. Baird increased their price target on shares of Target from $90.00 to $100.00 and gave the company an “outperform” rating in a research report on Thursday, August 23rd. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $88.19.

TGT stock opened at $69.26 on Tuesday. Target has a 1-year low of $55.25 and a 1-year high of $90.39. The company has a current ratio of 0.82, a quick ratio of 0.17 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $40.94 billion, a P/E ratio of 14.70, a P/E/G ratio of 2.14 and a beta of 0.73.

Target (NYSE:TGT) last issued its quarterly earnings results on Tuesday, November 20th. The retailer reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.02). Target had a net margin of 4.19% and a return on equity of 24.29%. The business had revenue of $17.59 billion for the quarter, compared to the consensus estimate of $17.81 billion. During the same quarter in the previous year, the business earned $0.91 earnings per share. The firm’s revenue was up 5.7% on a year-over-year basis. As a group, sell-side analysts predict that Target will post 5.41 earnings per share for the current year.

In other news, insider Stephanie A. Lundquist sold 2,100 shares of the firm’s stock in a transaction that occurred on Tuesday, October 9th. The shares were sold at an average price of $86.00, for a total value of $180,600.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Janna A. Potts sold 15,172 shares of the firm’s stock in a transaction that occurred on Monday, September 24th. The stock was sold at an average price of $88.00, for a total transaction of $1,335,136.00. The disclosure for this sale can be found here. 0.19% of the stock is currently owned by company insiders.

Several institutional investors have recently modified their holdings of TGT. Meiji Yasuda Asset Management Co Ltd. lifted its stake in Target by 4.4% in the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 14,015 shares of the retailer’s stock worth $1,236,000 after acquiring an additional 590 shares during the period. Dearborn Partners LLC lifted its stake in Target by 9.7% in the third quarter. Dearborn Partners LLC now owns 6,784 shares of the retailer’s stock worth $598,000 after acquiring an additional 600 shares during the period. OLD Point Trust & Financial Services N A lifted its stake in Target by 3.9% in the third quarter. OLD Point Trust & Financial Services N A now owns 16,012 shares of the retailer’s stock worth $1,412,000 after acquiring an additional 600 shares during the period. Advisor Partners LLC lifted its stake in Target by 5.6% in the third quarter. Advisor Partners LLC now owns 11,847 shares of the retailer’s stock worth $1,045,000 after acquiring an additional 630 shares during the period. Finally, NewSquare Capital LLC lifted its stake in Target by 2.6% in the third quarter. NewSquare Capital LLC now owns 25,031 shares of the retailer’s stock worth $2,208,000 after acquiring an additional 632 shares during the period. Hedge funds and other institutional investors own 83.13% of the company’s stock.

About Target

Target Corporation operates as a general merchandise retailer in the United States. The company offers beauty and household essentials, including beauty products, personal and baby care products, cleaning products, paper products, and pet supplies; food and beverage products, such as dry grocery, dairy, frozen food, beverage, candy, snacks, deli, bakery, meat, and produce products; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes.

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Analyst Recommendations for Target (NYSE:TGT)

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