Target Corp [TGT] stock prices are up 2.44% to $149.69 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The TGT shares have gain 6.04% over the last week, with a monthly amount glided 4.48%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Target Corp [NYSE: TGT] stock has seen the most recent analyst activity on June 03, 2024, when Exane BNP Paribas initiated its Underperform rating and assigned the stock a price target of $116. Previously, Telsey Advisory Group reaffirmed its Outperform rating on May 23, 2024, and dropped its price target to $190. On May 07, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $180 on the stock. Gordon Haskett reiterated its Buy rating and increased its price target to $220 on April 04, 2024. HSBC Securities upgraded its rating to a Buy and raised its price target to $195 on March 06, 2024. Deutsche Bank upgraded its rating to Buy for this stock on March 06, 2024, and upped its price target to $206. In a note dated March 06, 2024, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $160 to $195.
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 $177.81 within the next 12 months. Target Corp [NYSE: TGT] shares were valued at $149.69 at the most recent close of the market. An investor can expect a potential return of 18.79% based on the average TGT price forecast.
Analyzing the TGT fundamentals
The Target Corp [NYSE:TGT] reported sales of 106.62B for trailing twelve months, representing a drop of -3.12%. 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 0.32 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.16.
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 147.34 points at the first support level, and at 145.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 151.41, and for the 2nd resistance point, it is at 153.14.
Ratios To Look Out For
It’s worth pointing out that Target Corp [NYSE:TGT]’s Current Ratio is 0.86. On the other hand, the Quick Ratio is 0.27, and the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 0.65, the price to book ratio is 5.00 and price to earnings (TTM) ratio is 16.78.
Transactions by insiders
Recent insider trading involved Cornell Brian C, Executive Officer, that happened on Jun 04 ’24 when 45000.0 shares were sold. Executive Officer, HENNINGTON CHRISTINA completed a deal on Mar 21 ’24 to sell 4600.0 shares. Meanwhile, Executive Officer Kremer Melissa K sold 3000.0 shares on Mar 14 ’24.
