Short Term Price Target on Target Corporation (TGT)

Target Corporation (NYSE:TGT) : 16 investment research analysts covering Target Corporation (NYSE:TGT) have an average price target of $78.88 for the near short term. The highest target price given by the Brokerage Firm to the stock is $95 and the lowest target is $65 for the short term. Analysts expect the variance to be within $8.97 of the average price.

Shares of Target Corp. rose by 0.06% in the last five trading days and 2.06% for the last 4 weeks. Target Corp. has dropped 14.99% during the last 3-month period . Year-to-Date the stock performance stands at -2.3%.

Target Corporation (NYSE:TGT) : The consensus on Target Corporation (NYSE:TGT) based on 17 analyst recommendation on the company stock is 2.37, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Target Corporation (NYSE:TGT): The stock opened at $70.20 on Thursday but the bulls could not build on the opening and the stock topped out at $70.30 for the day. The stock traded down to $69.40 during the day, due to lack of any buying support eventually closed down at $69.82 with a loss of -0.26% for the day. The stock had closed at $70.00 on the previous day. The total traded volume was 6,502,269 shares.

In an insider trading activity, The Securities and Exchange Commission has divulged that Darden Calvin, director of Target Corp, had unloaded 37,105 shares at an average price of $67.02 in a transaction dated on May 19, 2016. The total value of the transaction was worth $2,486,777.

Target Corporation is engaged in providing everyday essentials and fashionable, and differentiated merchandise at discounted prices. The Company offers its products through stores, online or through mobile devices. The Company sells an assortment of general merchandise and food through its store and digital channels. Its general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. Its urban format stores, CityTarget and TargetExpress, offer edited general merchandise and food assortments. Its digital channels include an assortment of general merchandise, including various items found in its stores, along with a complementary assortment, such as additional sizes and colors sold online. The Companys brands include Archer Farms, Simply Balanced, Boots & Barkley, Circo, Embark, Gilligan & OMalley, Market Pantry, Merona, Room Essentials, Smith & Hawken, Spritz and Sutton & Dodge.

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