Target Corporation (TGT) : During the past 4 weeks, traders have been relatively bearish on Target Corporation (TGT), hence the stock is down -6.76% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -7.48% relative to the S&P 500. The 4-week change in the price of the stock is -6.41% and the stock has fallen -7.51% in the past 1 week.
Target Corp. is up 2.94% in the last 3-month period. Year-to-Date the stock performance stands at -1.1%. The stock has recorded a 20-day Moving Average of 5.14% and the 50-Day Moving Average is 1.8%.
Target Corporation (NYSE:TGT): The stock opened at $70.11 on Friday but the bulls could not build on the opening and the stock topped out at $70.72 for the day. The stock traded down to $69.99 during the day, due to lack of any buying support eventually closed down at $70.12 with a loss of -0.26% for the day. The stock had closed at $70.30 on the previous day. The total traded volume was 5,930,769 shares.
Also, Brokerage firm Citigroup maintains its rating on Target Corporation (NYSE:TGT). In a research note issued to the investors, the brokerage major maintains price-target of $80 per share.The shares have been rated Buy. The rating by the firm was issued on August 18, 2016.
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.