Target Corp [TGT] stock prices are up 1.28% to $166.58 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The TGT shares have lost -2.77% over the last week, with a monthly amount drifted -0.97%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Target Corp [NYSE: TGT] stock has seen the most recent analyst activity on April 04, 2024, when Gordon Haskett reiterated its Buy rating and also boosted its price target to $220 from $200. Previously, HSBC Securities upgraded its rating to Buy on March 06, 2024, and elevated its price target to $195. On March 06, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $206 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $195 on March 06, 2024. Gordon Haskett upgraded its rating to a Buy but $170 remained the price target by the analyst firm on February 07, 2024. Morgan Stanley upgraded its rating to Overweight for this stock on January 16, 2024, and upped its price target to $165. In a note dated November 16, 2023, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $145 to $160.
The stock price of Target Corp [TGT] has been fluctuating between $102.93 and $181.86 over the past year. Currently, Wall Street analysts expect the stock to reach $178.66 within the next 12 months. Target Corp [NYSE: TGT] shares were valued at $166.58 at the most recent close of the market. An investor can expect a potential return of 7.25% based on the average TGT price forecast.
Analyzing the TGT fundamentals
The Target Corp [NYSE:TGT] reported sales of 107.41B for trailing twelve months, representing a surge of 1.67%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.33 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 165.27 points at the first support level, and at 163.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 167.71, and for the 2nd resistance point, it is at 168.84.
Ratios To Look Out For
It’s worth pointing out that Target Corp [NYSE:TGT]’s Current Ratio is 0.91. On the other hand, the Quick Ratio is 0.29, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.72, the price to book ratio is 5.73 and price to earnings (TTM) ratio is 18.63.
Transactions by insiders
Recent insider trading involved HENNINGTON CHRISTINA, Executive Officer, that happened on Mar 21 ’24 when 4600.0 shares were sold. Executive Officer, Kremer Melissa K completed a deal on Mar 14 ’24 to sell 3000.0 shares. Meanwhile, Executive Officer Cornell Brian C sold 45000.0 shares on Mar 11 ’24.
