Target Corporation (NYSE:TGT) Upgrades/Downgrades Report



Target Corporation (NYSE:TGT) has a 1 Year Target Estimate of $77.17. The stock traded with the volume of 5.79 Million in the last trading session. Target Corporation opened at $77.73 and closed by showing a decrease of -1.49%. The Bid price in the last session was $77.14 x 100 and the Ask price was $77.37 x 200. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

Target Corporation has the Market Capitalization of 43.39 Billion. The Stock has its 52-week High of $84.14 and 52-Week Low of $65.5 and it touched its 52-week high on Apr 19, 2016 and 52-Week Low on May 18, 2016.

Target Corporation reported its last Earnings on Nov 16 BMO where the company reported Actual EPS of $1.04/Share whereas, the Analyst Estimated EPS was $0.83/share. The difference between Actual EPS and Estimated EPS was $0.21/share. This represented an Earnings Surprise of 25.3%. The company will report its next earnings on Feb 22 – Feb 27 (Est.).

Some analyst provided their insight on Growth Estimates; Target Corporation has the Current Quarter Earnings Growth rate of 9.2%. The Next Quarter growth is expected to be 4.7%. In the past 5 years, the stock has earnings growth rate of 3.17% per annum while the Upcoming 5 year’s earnings growth rate is expected to be 6.02% per annum.

24 number of analysts also provided their insight on Target Corporation, where the Average Price Target for the stock is $77.17. They also projected Low Price Target as $60 while High Price Target is set at $90.

A number of analysts rated the stock as well: 3 analysts believe that the stock is a STRONG BUY while 4 reported it as Buy.17 analysts assigned a HOLD rating, 2 said it’s UNDERPERFORM and 0 say that this stock is a SELL.

Target Corporation annual Divided is 2.4 while it’s Dividend Yield is 3.11%. The stock has its Price to Earnings (P/E) ratio of 14.18 and Forward Price to Earnings ratio of 14.03. The company has its Price to Sales (P/S) ratio of 0.62 where Price to Book (P/B) ratio of 3.98, Price to Cash Per share (P/C) of 35.37 and Price to Free Cash Flow (P/FCF) has a value of 20.58.

The company has its Return on Assets (ROA) of 8.6 Percent. Return on Equity (ROE) stands at 27.8% and Return on Investment (ROI) displays a value of 15.3%.

The stock is currently trading at Distance from 20-Day simple moving Average of 6.62% whereas, Distance from 50-Day Simple moving average is 11.02 Percent and Distance from 200-Day Simple Moving Average of 6.58 percent.

A look at performance overview of Target Corporation depicts that Performance (Week) is -0.81 percent while Performance Month is 13.33%. Quarterly performance shows a value of 10.98% and Half Year Performance value stands at 14.92%. Yearly performance of the stock has the value of 9.56 percent. Target Corporation has its YTD performance of 9.86 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 21 Aug 2016 where Officer Liu (Don H) did a transaction type “Buy” in which 42729 shares were traded at a price of $70.21. Another insider trade includes Officer Liu (Don H) who also initiated a transaction in which 3339 shares were traded on 21 Aug 2016 as “Buy”. On 11 Aug 2016 Officer Goldberger (Jason) traded 262 shares as “Sell” at $75.11. Officer Tritton Mark J Buy 2729 shares on 5 Jun 2016 at the price of $0.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm Guggenheim on 30-Sep-16 who Initiated the stock  to Neutral. Other firms have also Upgraded/Downgraded the stock. On 12-Sep-16, Cowen took an action “Downgrade” from Outperform to Market Perform. On 29-Jul-16, the stock was Initiated to Buy by Miller Tabak.