Target (TGT) Stock Price, News & Analysis (2024)

FAQs

Is TGT a good stock to buy now? ›

Target has 27.77% upside potential, based on the analysts' average price target. Is TGT a Buy, Sell or Hold? Target has a consensus rating of Moderate Buy which is based on 20 buy ratings, 9 hold ratings and 0 sell ratings.

Target stock prediction for 1 year from now: $ 198.92 (38.21%) Target stock forecast for 2025: $ 160.50 (11.51%) Target stock prediction for 2030: $ 276.76 (92.29%)

As of 2024-05-21, the Fair Value of Target Corp (TGT) is 166.23 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 155.78 USD, the upside of Target Corp is 6.7%.

We find that analysts' target forecasts tend to commit systematically upward bias (9.4%), large absolute pricing error (24.8%), over-prediction of the actual price changes (21%), and a low proportion (54%) of correct directional forecasts.

Target (NYSE:TGT) is a dividend king, and the company certainly isn't too richly valued. Granted, you might not like all of Target's financial stats, but there's nothing too objectionable.

Dividend Yield vs Market

Notable Dividend: TGT's dividend (3.05%) is higher than the bottom 25% of dividend payers in the US market (1.51%). High Dividend: TGT's dividend (3.05%) is low compared to the top 25% of dividend payers in the US market (4.73%).

Largest shareholders include Vanguard Group Inc, State Street Corp, BlackRock Inc., Capital World Investors, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Franklin Resources Inc, VFINX - Vanguard 500 Index Fund Investor Shares, Massachusetts Financial Services Co /ma/, Wells Fargo & Company/mn, and ...

31 analysts expect earnings of $2.06 per share compared to earnings of $2.06 per share in the same quarter of the previous year. Wall Street analysts are expecting the company to report $24.52 billion, an decrease of 3.18% over the prior year quarter when the company reported $25.32 billion.

What is intrinsic value? Target Corp's market capitalization is 73.9B USD. TGT stock price is 160.13 USD. TGT stock price (160.13 USD) is 5% less than its Intrinsic Value (169.37 USD).

What is the yield of TGT stock? ›

TGT pays a dividend of $1.1 per share. TGT's annual dividend yield is 2.81%. When is Target ex-dividend date? Target's upcoming ex-dividend date is on May 14, 2024.

Number of shares outstanding as of May 2024 : 461,600,000.

A Stock Hits the Price Target

As a stock price rises, investors can begin selling the position once it reaches the price target range. Investors can either sell it all at the price target or ease out of the position over time at various price targets.

Target prices can be used to evaluate stocks and may be even more useful than an equity analyst's rating. While opinion-based ratings have limited value, target prices can help investors evaluate the potential risk/reward profile of the stock.

Capital Economics has been named the most accurate forecaster of major global stock indices in Reuters polls. The 2023 LSEG StarMine Award was given for forecasting accuracy across 11 equities benchmarks and reflects the breadth and depth of our global coverage of macro and markets.

Wendy's has a consensus rating of Hold which is based on 4 buy ratings, 10 hold ratings and 1 sell ratings. The average price target for Wendy's is $21.50. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

1 year target estimate is simply the price that analysts have predicted the stock will be one year from now. The reliability behind these estimates are the true question here. The way I see it, the accuracy of an estimate has the same chance as any other estimate.

The Costco stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.